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The price of IT Tech Packaging Inc (AMEX: ITP) closed at $0.42 in the last session, up 2.39% from day before closing price of $0.41. In other words, the price has increased by $2.39 from its previous closing price. On the day, 0.22 million shares were traded. ITP stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.374.
Ratios:
We take a closer look at ITP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.06 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 4225665 and an Enterprise Value of 10134332. 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 0.145 whereas that against EBITDA is 1.74.
Stock Price History:
The Beta on a monthly basis for ITP is -0.58, which has changed by 0.64 over the last 52 weeks, in comparison to a change of 0.23147523 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 $0.20. The 50-Day Moving Average of the stock is 49.98%, while the 200-Day Moving Average is calculated to be 64.98%.
Shares Statistics:
According to the various share statistics, ITP traded on average about 2.84M shares per day over the past 3-months and 16730960 shares per day over the past 10 days. A total of 10.07M shares are outstanding, with a floating share count of 9.52M. Insiders hold about 5.38% of the company’s shares, while institutions hold 3.66% stake in the company. Shares short for ITP as of 1730332800 were 3534 with a Short Ratio of 0.15, compared to 1727654400 on 37645. Therefore, it implies a Short% of Shares Outstanding of 3534 and a Short% of Float of 0.04.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
