Itron Seeing Heavy Volume

Itron, Inc. ITRI is up 44 cents to $56.33 this morning, but had spiked as high as $59.75 earlier in the session. Volume is also exceptionally heavy, as the smart meter company has traded over 600,000 shares this morning, over 100,000 more than its average volume. Itron provides products and services for the energy and water markets worldwide.