IT Tech Packaging Inc (NYSEAMERICAN) (NYSE:ITP) Posts Quarterly Earnings Results

IT Tech Packaging Inc (NYSEAMERICAN) (NYSE:ITP) announced its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, Morningstar.com reports. IT Tech Packaging Inc (NYSEAMERICAN) had a negative return on equity of 5.26% and a negative net margin of 8.60%. The business had revenue of $33.62 million for the quarter.

Shares of IT Tech Packaging Inc (NYSEAMERICAN) stock traded down $0.03 during trading hours on Friday, hitting $0.55. The company’s stock had a trading volume of 52,732 shares, compared to its average volume of 44,453. The stock has a 50 day moving average price of $0.70. IT Tech Packaging Inc has a 12-month low of $0.50 and a 12-month high of $1.30. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.04.

IT Tech Packaging Inc (NYSEAMERICAN) Company Profile

IT Tech Packaging, Inc produces and distributes paper products primarily in the People's Republic of China. The company offers corrugating medium papers and offset printing papers. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand name.

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Earnings History for IT Tech Packaging Inc (NYSEAMERICAN) (NYSE:ITP)

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