Shares of IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) rose 1% on Thursday . The stock traded as high as $0.36 and last traded at $0.34. Approximately 79,522 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 553,911 shares. The stock had previously closed at $0.34.
IT Tech Packaging Price Performance
The firm has a market capitalization of $3.32 million, a price-to-earnings ratio of -0.34 and a beta of -0.66. The company has a fifty day moving average price of $0.36 and a two-hundred day moving average price of $0.28. The company has a quick ratio of 1.31, a current ratio of 1.59 and a debt-to-equity ratio of 0.03.
About IT Tech Packaging
IT Tech Packaging, Inc, together with its subsidiaries, engages in the production and distribution of paper products in the People's Republic of China. The company operates through three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. It offers corrugating medium papers to companies making corrugating cardboards; and offset printing papers to printing companies.
Featured Articles
- Five stocks we like better than IT Tech Packaging
- Top Biotech Stocks: Exploring Innovation Opportunities
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- Using the MarketBeat Stock Split Calculator
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- Using the MarketBeat Dividend Yield Calculator
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Receive News & Ratings for IT Tech Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IT Tech Packaging and related companies with MarketBeat.com's FREE daily email newsletter.
