IT Tech Packaging Inc (AMEX:ITP) currently has a daily average trading volume of 3.22M but it saw 2321805 shares traded in last market. With a market cap of 3.58M USD, the company’s current market price of $0.36 came rising about 3.19 while comparing to the previous closing price of $0.34. 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.
Taking a look at 20-day trading activity of IT Tech Packaging Inc (ITP) gives us an average price of $0.3524, while its current price level is -66.73% below from 52-week high level whereas it is 81.08% 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 $0.3768 while that of 200 days or SMA-200 reads an average of $0.2768. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.67% during that period while stretching the period over a month that decreases to 11.32%. 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 49.17 which implies that the stock is in neutral territory.
Over the week, ITP’s stock price is moving -10.73% down while it is 11.25% when we observe its performance for the past one month. Year-to-date it is -40.80% down and over the past year, the stock is showing an upside performance of 10.90%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, IT Tech Packaging Inc’s total number of outstanding shares is 10.07M with 5.38% of that held by the insiders while 4.41% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.78% and return on equity (ROE) at -5.85%. Stock’s beta reads -1.06. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -5.16% on average.
