IT Tech Packaging Inc (AMEX:ITP) currently has a daily average trading volume of 2.62M but it saw 5421338 shares traded in last market. With a market cap of 6.74M USD, the company’s current market price of $0.67 came rising about 11.41 while comparing to the previous closing price of $0.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.07 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.4171 while lowest mark touched by it was $0.714.
Taking a look at 20-day trading activity of IT Tech Packaging Inc (ITP) gives us an average price of $0.2697, while its current price level is -37.38% below from 52-week high level whereas it is 240.79% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2546 while that of 200 days or SMA-200 reads an average of $0.2483. A closer look into the stock’s movement over the week reveals that its volatility is standing at 50.07% during that period while stretching the period over a month that decreases to 19.62%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 90.66 which implies that the stock is in overbought territory.
Over the week, ITP’s stock price is moving 204.55% up while it is 188.17% when we observe its performance for the past one month. Year-to-date it is 11.41% up and over the past year, the stock is showing an upside performance of 116.13%.
Currently, IT Tech Packaging Inc’s total number of outstanding shares is 10.07M. Company’s return on investment (ROI) stands at -5.78% and return on equity (ROE) at -5.85%. Stock’s beta reads -0.62. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.09. Its return on asset (ROA) is -5.16% on average.
