IT Tech Packaging Inc (AMEX: ITP) is -71.00% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $1.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ITP stock was last observed hovering at around $0.17 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.17, the stock is -32.05% and -35.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 2.59% at the moment leaves the stock -38.81% off its SMA200. ITP registered -25.15% loss for a year compared to 6-month gain of -29.39%.
The stock witnessed a -34.19% loss in the last 1 month and extending the period to 3 months gives it a -45.52%, and is -50.73% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.75% over the week and 29.70% over the month.
IT Tech Packaging Inc (ITP) has around 383 employees, a market worth around $2.96M and $79.87M in sales. Profit margin for the company is -12.02%. Distance from 52-week low is 15.50% and -83.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.22%).
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IT Tech Packaging Inc (ITP) Top Institutional Holders
IT Tech Packaging Inc (ITP) Insider Activity
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