The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of IT Tech Packaging Inc (AMEX: ITP) closed at $0.24 in the last session, down -3.96% from day before closing price of $0.25. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 0.51 million shares were traded. ITP stock price reached its highest trading level at $0.2499 during the session, while it also had its lowest trading level at $0.235.
Ratios:
We take a closer look at ITP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.15. 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 4073397 and an Enterprise Value of 7848531. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.1 whereas that against EBITDA is 1.889.
Stock Price History:
The Beta on a monthly basis for ITP is -0.63, which has changed by 0.041666627 over the last 52 weeks, in comparison to a change of 0.18286073 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 -3.62%, while the 200-Day Moving Average is calculated to be -6.82%.
Shares Statistics:
According to the various share statistics, ITP traded on average about 6.16M shares per day over the past 3-months and 868790 shares per day over the past 10 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 1760486400 were 3771691 with a Short Ratio of 0.61, compared to 1757894400 on 1128893. Therefore, it implies a Short% of Shares Outstanding of 3771691 and a Short% of Float of 22.96.
