IT Tech Packaging Inc [AMEX: ITP] closed the trading session at $0.28.
The stocks have a year to date performance of -9.49 percent and weekly performance of 33.57 percent. The stock has been moved at 21.96 percent over the last six months. The stock has performed 21.96 percent around the most recent 30 days and changed -1.58 percent over the most recent 3-months.
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If compared to the average trading volume of 107.41K shares, ITP reached to a volume of 3696765 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about IT Tech Packaging Inc [ITP]:
The Average True Range (ATR) for IT Tech Packaging Inc is set at 0.03, with the Price to Sales ratio for ITP stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 0.49.
ITP stock trade performance evaluation
IT Tech Packaging Inc [ITP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 33.57. With this latest performance, ITP shares gained by 21.96% in over the last four-week period, additionally plugging by 21.96% over the last 6 months – not to mention a drop of -12.75% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ITP stock in for the last two-week period is set at 67.51, with the RSI for the last a single of trading hit 75.74, and the three-weeks RSI is set at 61.97 for IT Tech Packaging Inc [ITP]. The present Moving Average for the last 50 days of trading for this stock 0.2401, while it was recorded at 0.2245 for the last single week of trading, and 0.2450 for the last 200 days.
IT Tech Packaging Inc [ITP]: An insightful look at the core fundamentals
IT Tech Packaging Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.59.
IT Tech Packaging Inc [ITP]: Institutional Ownership
There are presently around $3.74%, or 3.96%% of ITP stock, in the hands of institutional investors.
