Itochu (OTCMKTS:ITOCY) Shares Gap Down – What’s Next?

Posted by Stanley Muller on Jun 9th, 2026

Shares of Itochu Corp. (OTCMKTS:ITOCY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $11.61, but opened at $11.10. Itochu shares last traded at $11.52, with a volume of 184,772 shares traded.

Wall Street Analysts Forecast Growth

ITOCY has been the subject of several recent analyst reports. Nomura upgraded Itochu to a “strong-buy” rating in a research report on Wednesday, February 25th. Daiwa Securities Group upgraded Itochu to a “strong-buy” rating in a research report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Check Out Our Latest Analysis on Itochu

Itochu Stock Down 3.2%

The stock has a market capitalization of $89.09 billion, a P/E ratio of 12.63 and a beta of 0.62. The firm has a 50-day simple moving average of $12.44 and a 200 day simple moving average of $38.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.32 and a quick ratio of 0.99.

Itochu (OTCMKTS:ITOCY – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.18 EPS for the quarter, hitting analysts’ consensus estimates of $0.18. The business had revenue of $24.49 billion for the quarter, compared to analyst estimates of $28.52 billion. On average, equities research analysts forecast that Itochu Corp. will post 0.86 EPS for the current year.

Hedge Funds Weigh In On Itochu

Hedge funds have recently modified their holdings of the business. OLD National Bancorp IN acquired a new position in shares of Itochu during the fourth quarter worth $201,000. Atlas Capital Advisors Inc. bought a new position in shares of Itochu during the fourth quarter worth about $279,000. GAMMA Investing LLC raised its position in shares of Itochu by 21.8% during the fourth quarter. GAMMA Investing LLC now owns 2,881 shares of the company’s stock worth $364,000 after acquiring an additional 516 shares during the last quarter. Confluence Investment Management LLC raised its position in shares of Itochu by 4.8% during the fourth quarter. Confluence Investment Management LLC now owns 9,827 shares of the company’s stock worth $1,243,000 after acquiring an additional 446 shares during the last quarter. Finally, Aristotle Capital Management LLC bought a new position in shares of Itochu during the fourth quarter worth about $1,487,000. Institutional investors and hedge funds own 0.08% of the company’s stock.

About Itochu

(Get Free Report)

Itochu Corporation is a major Japanese trading company (sogo shosha) that operates a diversified global business spanning trading, investment and services. The company traces its roots to the 19th century and has evolved from a textile trading firm into a broad-based commercial and investment group. Its American Depositary Receipts trade over the counter under the symbol ITOCY.

Itochu conducts commodity and product trading across a wide range of sectors including textiles and apparel, machinery, metals and minerals, energy and chemicals, food and consumer products, information and communications technology, and real estate.