IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report)’s share price traded up 8.1% during trading on Thursday . The stock traded as high as $0.30 and last traded at $0.29. 185,714 shares were traded during mid-day trading, a decline of 78% from the average session volume of 849,783 shares. The stock had previously closed at $0.27.
IT Tech Packaging Price Performance
The company has a 50-day moving average of $0.35 and a two-hundred day moving average of $0.30. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.59 and a quick ratio of 1.31. The stock has a market capitalization of $2.94 million, a PE ratio of -0.30 and a beta of -0.75.
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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