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Roth Capital announced Pointer Telocation Ltd (NASDAQ:PNTR), bumping up its stock price target to $16.00 today

In a report released on 7/07/2017 Roth Capital increased the stock price target of Pointer Telocation Ltd (NASDAQ:PNTR) to $16.00 reporting a possible upside of 0.36%.

Just yesterday Pointer Telocation Ltd (NASDAQ:PNTR) traded 2.82% higher at $11.77. Pointer Telocation Ltd’s 50-day moving average is $12.55 and its 200-day moving average is $10.18. The last closing price is up 7.61% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 37,415 shares of PNTR traded hands, down from an average trading volume of 50,339

Recent Performance Chart

Pointer Telocation Ltd (NASDAQ:PNTR)

Pointer Telocation Ltd has 52 week low of $6.32 and a 52 week high of $14.65 with a PE ratio of 24.07 and has a market capitalization of $0.

Brief Synopsis On Pointer Telocation Ltd (NASDAQ:PNTR)

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. The Cellocator segment designs, develops and produces MRM products that include asset tracking, fleet management and security products. Through the MRM segment, the Company acts as an operator in Israel, Brazil, Argentina, Mexico and South Africa by bundling its products together with a range of MRM services, including fleet management, asset tracking services and SVR services. Through the RSA segment, the Company provides RSA services, emergency repair services for sale to automotive and insurance companies and car sharing services.

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