Itex Corp. (OTCMKTS:ITEX – Get Free Report)’s share price shot up 12% during trading on Friday . The company traded as high as $3.47 and last traded at $3.35. 8,710 shares were traded during trading, an increase of 6,034% from the average session volume of 142 shares. The stock had previously closed at $2.99.
Itex Stock Performance
The business has a fifty day moving average of $2.95 and a 200 day moving average of $2.87.
Itex Company Profile
ITEX Corporation operates a barter-based exchange platform that enables businesses to trade goods and services using an alternative currency called ITEX Trade Dollars. By matching buyers and sellers through its proprietary network, the company helps members conserve cash, improve cash flow and clear excess inventory without traditional financial outlays.
The company’s core offering revolves around its ITEX Trade Marketplace, where participating businesses can post trade opportunities and fulfill needs across a wide range of categories, including office supplies, marketing services, professional consulting and maintenance.
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