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The closing price of IT Tech Packaging Inc (AMEX: ITP) was $0.31 for the day, down -8.52% from the previous closing price of $0.34. In other words, the price has decreased by -$8.52 from its previous closing price. On the day, 8.39 million shares were traded. ITP stock price reached its highest trading level at $0.3851 during the session, while it also had its lowest trading level at $0.295.
Ratios:
Our analysis of ITP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ITP now has a Market Capitalization of 5303390 and an Enterprise Value of 9078524. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.116 whereas that against EBITDA is 2.185.
Stock Price History:
The Beta on a monthly basis for ITP is -0.65, which has changed by 0.107142806 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, ITP has reached a high of $1.07, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 32.96%, while the 200-Day Moving Average is calculated to be 15.79%.
Shares Statistics:
ITP traded an average of 5.96M shares per day over the past three months and 14554670 shares per day over the past ten days. A total of 16.97M shares are outstanding, with a floating share count of 16.05M. Insiders hold about 5.38% of the company’s shares, while institutions hold 0.45% stake in the company. Shares short for ITP as of 1759190400 were 596020 with a Short Ratio of 0.10, compared to 1756425600 on 210006. Therefore, it implies a Short% of Shares Outstanding of 596020 and a Short% of Float of 3.63.
