The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, IT Tech Packaging Inc (AMEX: ITP) closed at $0.2 down -3.38% from its previous closing price of $0.21. In other words, the price has decreased by -$3.38 from its previous closing price. On the day, 0.52 million shares were traded. ITP stock price reached its highest trading level at $0.2174 during the session, while it also had its lowest trading level at $0.2.
Ratios:
For a deeper understanding of IT Tech Packaging Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.41. 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 3393080 and an Enterprise Value of 8187457. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.103 whereas that against EBITDA is 1.299.
Stock Price History:
The Beta on a monthly basis for ITP is -0.94, which has changed by -0.19999999 over the last 52 weeks, in comparison to a change of 0.15366066 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 2.37%, while the 200-Day Moving Average is calculated to be -26.95%.
Shares Statistics:
For the past three months, ITP has traded an average of 7.36M shares per day and 791450 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 3.25% stake in the company. Shares short for ITP as of 1752537600 were 1928346 with a Short Ratio of 0.26, compared to 1749772800 on 542484. Therefore, it implies a Short% of Shares Outstanding of 1928346 and a Short% of Float of 11.74.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
