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Roth Capital downgraded Pointer Telocation Ltd (NDAQ:PNTR) from Buy to Neutral in a report released today.

Roth Capital has downgraded Pointer Telocation Ltd (NDAQ:PNTR) from Buy to Neutral in a report released on 11/20/2017.

Previously on 8/18/2017, B. Riley reported about Pointer Telocation Ltd (NDAQ:PNTR) raised the target price from $0.00 to $19.25. At the time, this indicated a possible upside of 0.37%.

Yesterday Pointer Telocation Ltd (NDAQ:PNTR) traded 3.54% higher at $16.40. The company’s 50-day moving average is $16.38 and its 200-day moving average is $12.66. The last stock close price is up 38.59% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 25,503 shares of the stock were exchanged, down from an average trading volume of 48,660

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Pointer Telocation Ltd (NDAQ:PNTR)

Pointer Telocation Ltd has a 52 week low of $6.78 and a 52 week high of $17.71 with a P/E ratio of 29.30 The company’s market cap is currently $0.

About Pointer Telocation Ltd (NDAQ: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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