IT Tech Packaging, Inc. (NYSE:ITP – Get Free Report)’s stock price was up 60.9% during mid-day trading on Friday . The stock traded as high as $1.00 and last traded at $0.44. Approximately 252,803,637 shares traded hands during mid-day trading, an increase of 13,260% from the average daily volume of 1,892,211 shares. The stock had previously closed at $0.27.
IT Tech Packaging Stock Up 60.9 %
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 $4.39 million, a P/E ratio of -0.45 and a beta of -0.94. The business has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.31.
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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