What Is Itron, Inc.’s (NASDAQ:ITRI) Share Price Doing?
Itron, Inc. (NASDAQ:ITRI), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$110 at one point, and dropping to the lows of US$92.04. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Itron’s current trading price of US$92.04 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Itron’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
