Itex Corp. (OTCMKTS:ITEX – Get Free Report) rose 9.1% during mid-day trading on Monday . The stock traded as high as $3.0470 and last traded at $3.0470. Approximately 200 shares traded hands during trading, a decline of 91% from the average daily volume of 2,172 shares. The stock had previously closed at $2.7932.
Itex Stock Performance
The company’s 50 day moving average is $3.04 and its 200-day moving average is $2.90.
About Itex
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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