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In the latest session, IT Tech Packaging Inc (AMEX: ITP) closed at $0.22 down -12.23% from its previous closing price of $0.25. In other words, the price has decreased by -$12.23 from its previous closing price. On the day, 1.36 million shares were traded. ITP stock price reached its highest trading level at $0.2463 during the session, while it also had its lowest trading level at $0.22.
Ratios:
For a deeper understanding of IT Tech Packaging Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 0.08 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 2224564 and an Enterprise Value of 9832354. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.141 whereas that against EBITDA is 1.688.
Stock Price History:
Over the past 52 weeks, ITP has reached a high of $0.44, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -5.98%, while the 200-Day Moving Average is calculated to be -14.44%.
Shares Statistics:
For the past three months, ITP has traded an average of 46.37K shares per day and 192310 over the past ten 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 3.67% stake in the company. Shares short for ITP as of 1724976000 were 22351 with a Short Ratio of 0.48, compared to 1722384000 on 39772. Therefore, it implies a Short% of Shares Outstanding of 22351 and a Short% of Float of 0.22999999999999998.
