Will International Road Dynamics Inc. Short Squeeze Soon?


The stock of International Road Dynamics Inc. (TSE:IRD) is a huge mover today! About 28,800 shares traded hands. International Road Dynamics Inc. (TSE:IRD) has risen 78.83% since February 5, 2016 and is uptrending. It has outperformed by 62.34% the S&P500.
The move comes after 8 months negative chart setup for the $33.53 million company. It was reported on Sep, 13 by Barchart.com. We have $2.03 PT which if reached, will make TSE:IRD worth $4.36M less.

International Road Dynamics Inc. is a Canada firm engaged in providing integrated systems and solutions for the Intelligent Transportation Systems (ITS) Industry. The company has a market cap of $33.53 million. The Company’s segment is engaged in design, hardware and software development, manufacturing and integration of products and systems for traffic flows. It has a 11.31 P/E ratio. The Company’s products include counters and classifiers, axle sensors and grout, IRD DYNAX Treadles, portable axle weighers, access control and security, software, traffic products, weigh-in-motion (WIM) controllers and WIM systems.

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