IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) rose 3.9% during mid-day trading on Thursday . The stock traded as high as $0.27 and last traded at $0.27. Approximately 72,659 shares changed hands during trading, a decline of 91% from the average daily volume of 850,397 shares. The stock had previously closed at $0.26.
IT Tech Packaging Stock Up 3.9 %
The stock has a market capitalization of $2.67 million, a P/E ratio of -0.27 and a beta of -0.91. The stock has a 50 day moving average price of $0.31 and a 200-day moving average price of $0.31. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.59 and a quick ratio of 1.31.
About IT Tech Packaging
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.
Featured Stories
- Five stocks we like better than IT Tech Packaging
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally
- How to Invest in Insurance Companies: A Guide
- Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S. Dollar
- Why Are Stock Sectors Important to Successful Investing?
- Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk
Receive News & Ratings for IT Tech Packaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IT Tech Packaging and related companies with MarketBeat.com's FREE daily email newsletter.
