Itron, Inc. ( ITRI ) saw a big move in the last trading session, as the company's shares fell by over 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for ITRI as the stock is now down nearly 18% in the past one-month time frame.
The company, a global provider of electric, natural gas, and water utilities solutions, has seen 1 negative estimate revision over the past month, though the earnings consensus hasn't been in a trend. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
ITRI currently holds a Zacks Rank #4 (Sell) while its Earnings ESP
Investors interested in the Computer and Technology sector may consider better-ranked stocks like AAC Technologies Holdings Inc.
), Crown Castle International Corp.
) and DHT Cadence Design Systems Inc.
), all of which carry a Zacks Rank # 1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>AAC TECH HLDGS (AACAY): Get Free ReportCROWN CASTLE (CCI): Free Stock Analysis ReportCADENCE DESIGN (CDNS): Free Stock Analysis ReportITRON INC (ITRI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research