Shares of IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) traded up 4.7% during mid-day trading on Thursday . The stock traded as high as $0.2150 and last traded at $0.2055. 1,120,116 shares traded hands during mid-day trading, an increase of 13% from the average session volume of 987,860 shares. The stock had previously closed at $0.1963.
IT Tech Packaging Price Performance
The firm has a market capitalization of $3.49 million, a P/E ratio of -0.21 and a beta of -0.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.31 and a current ratio of 1.59. The firm has a 50-day moving average of $0.19 and a 200-day moving average of $0.21.
Hedge Funds Weigh In On IT Tech Packaging
An institutional investor recently bought a new position in IT Tech Packaging stock. DRW Securities LLC acquired a new stake in IT Tech Packaging, Inc. (NYSE:ITP – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 199,862 shares of the company’s stock, valued at approximately $44,000. DRW Securities LLC owned approximately 1.18% of IT Tech Packaging at the end of the most recent quarter. Hedge funds and other institutional investors own 2.99% of the company’s stock.
IT Tech Packaging Company Profile
IT Tech Packaging, Inc (NYSE: ITP) is a global manufacturer of all-aluminum rigid packaging solutions, primarily serving the beauty, personal care, food and industrial markets. The company’s offering includes decorative and functional canisters, aerosol containers, tubes and closures that leverage corrosion-resistant, lightweight aluminum. By combining sheet-metal forming processes with proprietary printing and finishing technologies, IT Tech Packaging delivers premium packaging designed to meet both aesthetic and performance requirements.
Founded in the early 1990s and headquartered in the United States, IT Tech Packaging operates a network of production facilities across North America, Europe and Asia.
Featured Stories
- Five stocks we like better than IT Tech Packaging
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
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.
