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Rating: ITRN

Ituran Location And Control Ltd. (NASDAQ: ITRN) rated to Buy by Chardan Capital Markets

Tuesday,  Jan 19, 2016  8:25 AM ET by Dave Ficere

Chardan Capital Markets rated
Ituran Location And Control Ltd. (NASDAQ: ITRN) to Buy.

Ituran Location and Control Ltd. (Ituran) is mainly engaged in the area of location-based services, consisting of stolen vehicle recovery and tracking services. The Company operates in two segments: location-based services and wireless communication products. The Company provides its services and sells its products in Israel, Brazil, Argentina and the United States. Mapa Mapping and Publishing Ltd. and Mapa Internet Ltd. (Mapa) are the Subsidiaries of the Company. Mapa provides geographic information (GIS) in Israel and is the owner of geographic information database for navigation in Israel.

Chardan Capital Markets

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