Itron Inc (ITRI) Downgraded at Macquarie Written on Mon, 08/02/2010 - 9:07amBy Chip Brian Itron Inc (NASDAQ:ITRI) downgraded to Underperform from Neutral at Macquarie. The stock closed Friday at $65.07 on volume of 1,161,700 shares, above the average daily volume of 569,493. In the past 52-weeks, shares of Itron Inc have traded between a low of $51.16 and a high of $81.95 and are now at $65.07, which is 27.2% above that low price. Itron Inc is currently below its 200-day moving average (MA) of $66.71 and should find support at its 50-day MA of $64.03. In the last five trading sessions, the 50-day MA has fallen 1.75% while the 200-day MA has slid 0.04%. Itron, Inc. provides solutions for collecting, communicating, and analyzing electric, gas, and water usage data. The Company sells its products to the utility industry. Itron designs, manufactures, markets, sells, installs, and services hardware, software, and integrated systems for handheld computer-based electronic meter reading and automatic meter reading systems.