IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report) shares traded down 3.9% on Monday . The company traded as low as $0.17 and last traded at $0.18. 378,163 shares traded hands during trading, a decline of 83% from the average session volume of 2,189,729 shares. The stock had previously closed at $0.19.
IT Tech Packaging Stock Performance
The stock has a fifty day moving average price of $0.24 and a two-hundred day moving average price of $0.30. The company has a market cap of $1.84 million, a P/E ratio of -0.19 and a beta of -0.94. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.59 and a quick ratio of 1.31.
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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