Pointer Telocation Ltd. (PNTR) Trading Up 4.1%
Pointer Telocation Ltd. (NASDAQ:PNTR)’s share price was up 4.1% during trading on Monday . The stock traded as high as $5.80 and last traded at $5.80, with a volume of 135,984 shares. The stock had previously closed at $5.57.
Separately, Zacks Investment Research cut shares of Pointer Telocation from a “buy” rating to a “hold” rating in a report on Saturday.
The company has a market cap of $44.91 million and a P/E ratio of 13.14. The company has a 50 day moving average price of $5.96 and a 200-day moving average price of $6.12.
Pointer Telocation (NASDAQ:PNTR) last released its quarterly earnings results on Wednesday, June 8th. The company reported $0.29 earnings per share (EPS) for the quarter. The company earned $25.60 million during the quarter, compared to the consensus estimate of $24.98 million. Equities analysts expect that Pointer Telocation Ltd. will post $0.76 earnings per share for the current fiscal year.
Pointer Telocation Ltd. is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets, such as cargo, assets, shipping and containers. The Company offers roadside assistance (RSA) services, automobile repair and towing services, stolen vehicle recovery (SVR) and other services.
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