Ituran Location and Control Ltd. (ITRN)

USD 29.79

(-2.77%)

Market Cap (In USD)

599.03 Million

Revenue (In USD)

319.97 Million

Net Income (In USD)

48.13 Million

Avg. Volume

72.58 Thousand

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
24.12-31.64
PE
-
EPS
-
Beta Value
1.147
ISIN
IL0010818685
CUSIP
M6158M104
CIK
1337117
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Communication Equipment
CEO
Mr. Nir Sheratzky
Employee Count
-
Website
https://www.ituran.com
Ipo Date
2005-09-28
Details
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. The company's Telematics services segment provides stolen vehicle recovery and tracking services, which locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. It also offers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. Its Telematics Products segment provides Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. The company was incorporated in 1994 and is headquartered in Azor, Israel.