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After finishing at $0.23 in the prior trading day, IT Tech Packaging Inc (AMEX: ITP) closed at $0.22, down -5.57%. In other words, the price has decreased by -$5.57 from its previous closing price. On the day, 0.32 million shares were traded. ITP stock price reached its highest trading level at $0.2299 during the session, while it also had its lowest trading level at $0.211.
Ratios:
Our goal is to gain a better understanding of ITP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 3710338 and an Enterprise Value of 5827186. 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 0.02. Its current Enterprise Value per Revenue stands at 0.074 whereas that against EBITDA is 1.236.
Stock Price History:
The Beta on a monthly basis for ITP is -0.55, which has changed by -0.6567164 over the last 52 weeks, in comparison to a change of 0.17511821 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 -8.81%, while the 200-Day Moving Average is calculated to be -5.98%.
Shares Statistics:
The stock has traded on average 2.81M shares per day over the past 3-months and 144180 shares per day over the last 10 days, according to various share statistics. A total of 16.97M shares are outstanding, with a floating share count of 16.42M. Insiders hold about 3.19% of the company’s shares, while institutions hold 2.28% stake in the company. Shares short for ITP as of 1765756800 were 404862 with a Short Ratio of 0.14, compared to 1763078400 on 639166. Therefore, it implies a Short% of Shares Outstanding of 404862 and a Short% of Float of 2.4699999999999998.
