ITOCHU (OTCMKTS:ITOCY) Hits New 52-Week High at $101.34

ITOCHU Co. (OTCMKTS:ITOCYGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $101.34 and last traded at $100.50, with a volume of 14443 shares. The stock had previously closed at $99.64.

ITOCHU Stock Up 1.1 %

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.22 and a quick ratio of 0.91. The company has a market capitalization of $73.08 billion, a P/E ratio of 13.84 and a beta of 0.75. The company has a 50 day moving average of $93.96 and a 200-day moving average of $89.48.

ITOCHU (OTCMKTS:ITOCYGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported $1.37 earnings per share (EPS) for the quarter. The company had revenue of $18.97 billion for the quarter. ITOCHU had a return on equity of 13.60% and a net margin of 5.72%. As a group, equities analysts anticipate that ITOCHU Co. will post 8.29 EPS for the current year.

Institutional Trading of ITOCHU

Several large investors have recently modified their holdings of ITOCY. Confluence Investment Management LLC boosted its position in ITOCHU by 2.0% during the 2nd quarter. Confluence Investment Management LLC now owns 8,552 shares of the company’s stock valued at $841,000 after acquiring an additional 165 shares in the last quarter. Atlas Capital Advisors LLC boosted its position in ITOCHU by 13.1% during the 1st quarter. Atlas Capital Advisors LLC now owns 2,328 shares of the company’s stock valued at $199,000 after acquiring an additional 270 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in ITOCHU by 13.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,131 shares of the company’s stock valued at $111,000 after acquiring an additional 136 shares in the last quarter. 0.08% of the stock is owned by institutional investors.

About ITOCHU

(Get Free Report)

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells fiber and garment materials, textiles fabrics, apparel, and industrial materials; and imports lifestyle brands, fashion accessories, and garments in various areas, such as luxury, casual, and sports.

Further Reading

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