Shares of IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) traded up 5% during trading on Tuesday . The company traded as high as $0.2450 and last traded at $0.2430. 192,689 shares traded hands during trading, a decline of 95% from the average session volume of 3,803,764 shares. The stock had previously closed at $0.2315.
IT Tech Packaging Price Performance
The company has a market capitalization of $4.12 million, a P/E ratio of -0.25 and a beta of -0.57. The firm’s fifty day moving average is $0.25 and its 200 day moving average is $0.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.31 and a current ratio of 1.59.
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.
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