IT Tech Packaging Inc (AMEX:ITP) price on Thursday, July 03, rose 1.55% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.19.
A look at the stock’s price movement, the close in the last trading session was $0.19, moving within a range at $0.186 and $0.192. The beta value (5-Year monthly) was -1.009. Turning to its 52-week performance, $1.07 and $0.15 were the 52-week high and 52-week low respectively. Overall, ITP moved 0.58% over the past month.
IT Tech Packaging Inc’s market cap currently stands at around $3.22 million, with investors looking forward to this quarter’s earnings report slated for on 2011-Nov-09.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ITP is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend ITP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Sell which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ITP’s current price about -4.11% and -12.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.03, while 7-day volatility ratio is 6.39% and 8.28% in the 30-day chart. Further, IT Tech Packaging Inc (ITP) has a beta value of -0.96.
If we refocus on IT Tech Packaging Inc (AMEX:ITP), historical trading data shows that trading volumes averaged 0.37 over the past 10 days and 5.83 million over the past 3 months. The company’s latest data on shares outstanding shows there are 16.97 million shares.
The 5.38% of IT Tech Packaging Inc’s shares are in the hands of company insiders while institutional holders own 3.25% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.54 million on 2025-06-13, giving us a short ratio of 0.22. The data shows that as of 2025-06-13 short interest in IT Tech Packaging Inc (ITP) stood at 330.0 of shares outstanding, with shares short falling to 1.44 million registered in 2025-05-15. Current price change has pushed the stock -17.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ITP stock continues to rise going into the next quarter.
