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Zacks Investment Research downgraded Pointer Telocation Ltd (NASDAQ:PNTR) to Sell in a report released today.

Yesterday Pointer Telocation Ltd (NASDAQ:PNTR) traded 2.57% higher at $7.60. The company’s 50-day moving average is $7.31 and its 200-day moving average is $6.57. The last closing price is up 15.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 63,831 shares of the stock were exchanged, up from an average trading volume of 22,728

Zacks Investment Research has downgraded Pointer Telocation Ltd (NASDAQ:PNTR) to Sell in a report released on 10/12/2016.

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Pointer Telocation Ltd (NASDAQ:PNTR)

Pointer Telocation Ltd has a 52 week low of $4.97 and a 52 week high of $7.78 with a P/E ratio of 17.96 The company’s market cap is currently $0.

General Information About 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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