Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
IT Tech Packaging Inc (AMEX: ITP) closed the day trading at $0.26 down -6.24% from the previous closing price of $0.27. In other words, the price has decreased by -$6.24 from its previous closing price. On the day, 1.58 million shares were traded. ITP stock price reached its highest trading level at $0.2679 during the session, while it also had its lowest trading level at $0.239.
Ratios:
For a better understanding of ITP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.23. 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 4358416 and an Enterprise Value of 8133550. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 0.104 whereas that against EBITDA is 1.958.
Stock Price History:
The Beta on a monthly basis for ITP is -0.61, which has changed by -0.0714286 over the last 52 weeks, in comparison to a change of 0.1719923 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 14.26%, while the 200-Day Moving Average is calculated to be -4.20%.
Shares Statistics:
Over the past 3-months, ITP traded about 5.36M shares per day on average, while over the past 10 days, ITP traded about 2850840 shares per day. 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 1757894400 were 1128893 with a Short Ratio of 0.21, compared to 1755216000 on 351587. Therefore, it implies a Short% of Shares Outstanding of 1128893 and a Short% of Float of 6.87.
