IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report)’s stock price was up 5.7% during mid-day trading on Monday . The stock traded as high as $0.2364 and last traded at $0.2307. Approximately 741,583 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 4,042,760 shares. The stock had previously closed at $0.2182.
IT Tech Packaging Price Performance
The firm has a fifty day simple moving average of $0.25 and a 200 day simple moving average of $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. The company has a market capitalization of $4.11 million, a PE ratio of -0.25 and a beta of -0.63.
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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