IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report)’s stock price shot up 8.1% on Thursday . The stock traded as high as $0.30 and last traded at $0.29. 185,714 shares were traded during mid-day trading, a decline of 78% from the average session volume of 849,783 shares. The stock had previously closed at $0.27.
IT Tech Packaging Stock Up 0.2 %
The firm’s fifty day moving average is $0.35 and its 200-day moving average is $0.31. The stock has a market capitalization of $2.95 million, a PE ratio of -0.30 and a beta of -0.75. The company has a quick ratio of 1.31, a current ratio of 1.59 and a debt-to-equity ratio of 0.03.
IT Tech Packaging Company Profile
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.
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