IT Tech Packaging Inc (AMEX: ITP) started the day on Thursday, with a price increase of 3.92% at $0.26, before settling in for the price of $0.25 at the close. Taking a more long-term approach, ITP posted a 52-week range of $0.20-$1.07.
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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was -3.71%. This publicly-traded company’s shares outstanding now amounts to $10.07 million, simultaneously with a float of $9.52 million. The organization now has a market capitalization sitting at $2.67 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3115, while the 200-day Moving Average is $0.2831.
IT Tech Packaging Inc (ITP) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Paper & Paper Products Industry. IT Tech Packaging Inc’s current insider ownership accounts for 5.38%, in contrast to 4.41% institutional ownership.
IT Tech Packaging Inc (ITP) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
IT Tech Packaging Inc (AMEX: ITP) Trading Performance Indicators
Let’s observe the current performance indicators for IT Tech Packaging Inc (ITP). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 0.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.04. Similarly, its price to free cash flow for trailing twelve months is now 0.45.
In the same vein, ITP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.98.
Technical Analysis of IT Tech Packaging Inc (ITP)
If we take a close look at the recent performances of IT Tech Packaging Inc (AMEX: ITP), its last 5-days Average volume was 74840.0 that shows plunge from its year to date volume of 0.51 million. During the previous 9 days, stock’s Stochastic %D was recorded 74.93% While, its Average True Range was 0.0255.
Raw Stochastic average of IT Tech Packaging Inc (ITP) in the period of the previous 100 days is set at 7.83%, which indicates a major fall in contrast to 59.13% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 70.60% that was lower than 159.79% volatility it exhibited in the past 100-days period.
