It Tech Packaging Stock Today

ITP Stock  USD 0.23  0.01  4.55%   

Performance

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Odds Of Distress

Less than 37

 
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IT Tech is selling at 0.23 as of the 26th of November 2024; that is 4.55 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.22. IT Tech has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for IT Tech Packaging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
1st of October 2007
Category
Basic Materials
IT Tech Packaging, Inc., through its subsidiaries, engages in the production and distribution of paper products in the Peoples Republic of China. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the Peoples Republic of China. The company has 10.07 M outstanding shares of which 3.53 K shares are currently shorted by investors with about 0.03 days to cover. More on IT Tech Packaging

Moving together with ITP Stock

  0.71MERC Mercer InternationalPairCorr

Moving against ITP Stock

  0.34CLW Clearwater PaperPairCorr
Follow Valuation Odds of Bankruptcy
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ITP Stock Highlights

ChairmanZhenyong Liu
Thematic IdeaBusiness Supplies (View all Themes)
Old NameIntertape Polymer Group Inc.
Business ConcentrationPaper & Forest Products, Paper & Paper Products, Basic Materials, Business Supplies, Materials, Paper & Forest Products, Paper & Paper Products, Basic Materials (View all Sectors)
IT Tech Packaging (ITP) is traded on NYSE MKT Exchange in USA. It is located in Science Park, Baoding, China, 072550 and employs 383 people. IT Tech is listed under Paper & Forest Products category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 2.32 M. IT Tech Packaging runs under Paper & Forest Products sector within Materials industry. The entity has 10.07 M outstanding shares of which 3.53 K shares are currently shorted by investors with about 0.03 days to cover. IT Tech Packaging has about 9.52 M in cash with 12.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.45, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check IT Tech Probability Of Bankruptcy
Ownership Allocation
IT Tech owns 5.38 % of its outstanding shares held by insiders and 3.75 % owned by institutions.
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IT Tech Packaging Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IT Tech market risk premium is the additional return an investor will receive from holding IT Tech long position in a well-diversified portfolio.

ITP Stock Against Markets

IT Tech Corporate Directors

Wenbing WangIndependent DirectorProfile
Marco KuIndependent DirectorProfile
Lusha NiuIndependent DirectorProfile
Fuzeng LiuDirectorProfile

Additional Tools for ITP Stock Analysis

When running IT Tech's price analysis, check to measure IT Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.