ITRN - It Might Not Be The Right Time For Ituran Yet
Ituran Location and Control Ltd. (ITRN) is a small-cap technology company that provides location-based services and connected-car services. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management and control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran's products and applications are used by customers in over 20 countries including the Latin America region, India, Canada and the United States.
Ituran's business has exhibited strong growth in the past 4 years. Connected vehicle is a field with excellent growth potential (16%