Itron Inc. (ITRI) is Trading Higher on Unusual Volume for February 18

Equities Staff |

Itron Inc. (ITRI) experienced unusually high volume on Feb. 18, as the stock gained 8.99% to a closing price of $39.78. The stock saw 765,305 shares trade hands over the course of the day on 6,795 trades. Given that the stock’s average daily volume over the last month has been 262,597 shares a day, this represents a pretty substantial spike over the norm.

Itron Inc. has a P/B ratio of 2.45. The stock has traded between $38.03 and $27.93 over the last 52-weeks, its 50-day SMA is now $34.00, and its 200-day SMA $33.78.

Itron Inc is a technology and services company. It provides solutions that measure, manage, and analyze energy and water use. Its solutions include standard meters and smart metering products, metering systems, and services.

Headquartered in Liberty Lake, WA, Itron Inc. has 8,000 employees and is currently under the leadership of CEO Philip C. Mezey.

For a complete fundamental analysis analysis of Itron Inc., check out Equities.com’s Stock Valuation Analysis report for ITRI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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