IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report)’s share price shot up 1% during trading on Thursday . The stock traded as high as $0.36 and last traded at $0.34. 79,522 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 553,911 shares. The stock had previously closed at $0.34.
IT Tech Packaging Price Performance
The company has a market capitalization of $3.32 million, a PE ratio of -0.34 and a beta of -0.66. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.59 and a quick ratio of 1.31. The company’s 50 day simple moving average is $0.36 and its 200 day simple moving average is $0.28.
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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