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Ituran Location and Control Shares Up 37.1% Since SmarTrend's Buy Recommendation (ITRN)
Mar 14, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Ituran Location and Control (NASDAQ:ITRN) on October 2nd, 2012 at $11.91. In approximately 5 months, Ituran Location and Control has returned 37.11% as of today's recent price of $16.33.
Ituran Location and Control share prices have moved between a 52-week high of $16.50 and a 52-week low of $10.59 and are now trading 54% above that low price at $16.33 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.4%.
Ituran Location and Control Ltd. sells global positioning systems for locating motor vehicles and retrieving stolen cars. The Company also develops personal advanced locators.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ituran Location and Control shares.Log in and add Ituran Location and Control (ITRN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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