I saw a post saying trading in it is forbidden, get to know the company

The stock "INIT" usually refers to INIT Innovation in Traffic Systems SE, a German company specializing in providing IT solutions for public transport systems, including electronic ticketing systems, fleet management, and real-time passenger information. Its headquarters is located in Karlsruhe, Germany, and it was founded in 1983. The company's shares are traded on the Frankfurt Stock Exchange under the symbol IXX, and its ISIN code is DE0005759807.

📈 The stock (as of April 29, 2025)

Current stock price: approximately 39.40 euros on the Xetra platform.

Price range during the day: from 39.00 to 39.50 euros.

Price range over 52 weeks: from 32.00 to 43.60 euros.

Earnings per share (EPS): 1.57 euros.

Price-to-earnings ratio (P/E): approximately 25.04.

Dividend yield: approximately 2.05%, with a dividend payout of 0.80 euros per share in 2024.

🏢 About the company

INIT provides integrated solutions that include software, hardware, and services for public transport companies, focusing on improving operational efficiency and passenger experience. The company has a global presence, including branches in the United States, Canada, Australia, New Zealand, the United Arab Emirates, Singapore, and the United Kingdom.

If you are looking for information about the "INIT" stock on other exchanges or referring to a different company with the same symbol, please clarify that to assist you more accurately.#INIT