IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) traded down 4% during trading on Monday . The company traded as low as $0.2350 and last traded at $0.2401. 507,153 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 4,279,757 shares. The stock had previously closed at $0.25.
IT Tech Packaging Stock Down 4.0%
The business has a 50 day moving average of $0.25 and a 200 day moving average of $0.22. 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 firm has a market capitalization of $4.07 million, a price-to-earnings ratio of -0.24 and a beta of -0.78.
IT Tech Packaging Company Profile
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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