Pointer Telocation Ltd (NDAQ:PNTR) Rating Cut
In analysts report made public on Monday, 20 November, Roth Capital has cut Pointer Telocation Ltd (NDAQ:PNTR) stock to “Neutral”. PNTR’s old rating was “Buy”.
Pointer Telocation Ltd (NDAQ:PNTR) Profile
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. The Company operates through three segments: Cellocator, MRM and RSA.
Pointer Telocation Ltd (NDAQ:PNTR) traded down -5.59% on 20 November, hitting $16.48. A total of 146,591 shares of the company’s stock traded hands. This is up from average of 31,361 shares. Pointer Telocation Ltd has a 52 week low of $6.78 and a 52 week high of $18.94. The company has a market cap of $132.36 million and a P/E ratio of 28.
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