How to buy IT Tech Packaging stock - 18 April

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How to buy IT Tech Packaging stock

Own IT Tech Packaging stock in just a few minutes.

IT Tech Packaging, Inc is a paper & paper products business based in the US. IT Tech Packaging shares (ITP) are listed on the NYSE MKT and all prices are listed in US Dollars. IT Tech Packaging employs 333 staff and has a trailing 12-month revenue of around USD$100.9 million.

How to buy shares in IT Tech Packaging

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for IT Tech Packaging. Find the stock by name or ticker symbol: ITP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until IT Tech Packaging reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of IT Tech Packaging, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of IT Tech Packaging. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

IT Tech Packaging share price

Use our graph to track the performance of ITP stocks over time.

IT Tech Packaging shares at a glance

Information last updated 2021-04-16.
52-week rangeUSD$0.407 - USD$1.45
50-day moving average USD$0.6782
200-day moving average USD$0.7018
Wall St. target priceUSD$5
PE ratio 14.1667
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.042

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy IT Tech Packaging stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is IT Tech Packaging under- or over-valued?

Valuing IT Tech Packaging stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of IT Tech Packaging's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

IT Tech Packaging's P/E ratio

IT Tech Packaging's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, IT Tech Packaging shares trade at around 14x recent earnings.

IT Tech Packaging's EBITDA

IT Tech Packaging's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$10.3 million.

The EBITDA is a measure of a IT Tech Packaging's overall financial performance and is widely used to measure a its profitability.

IT Tech Packaging financials

Revenue TTM USD$100.9 million
Gross profit TTM USD$5.7 million
Return on assets TTM -1.75%
Return on equity TTM -3.26%
Profit margin -5.5%
Book value $6.135
Market capitalisation USD$58.1 million

TTM: trailing 12 months

Shorting IT Tech Packaging shares

There are currently 4.8 million IT Tech Packaging shares held short by investors – that's known as IT Tech Packaging's "short interest". This figure is 25% down from 6.5 million last month.

There are a few different ways that this level of interest in shorting IT Tech Packaging shares can be evaluated.

IT Tech Packaging's "short interest ratio" (SIR)

IT Tech Packaging's "short interest ratio" (SIR) is the quantity of IT Tech Packaging shares currently shorted divided by the average quantity of IT Tech Packaging shares traded daily (recently around 8.3 million). IT Tech Packaging's SIR currently stands at 0.58. In other words for every 100,000 IT Tech Packaging shares traded daily on the market, roughly 580 shares are currently held short.

However IT Tech Packaging's short interest can also be evaluated against the total number of IT Tech Packaging shares, or, against the total number of tradable IT Tech Packaging shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case IT Tech Packaging's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 IT Tech Packaging shares in existence, roughly 40 shares are currently held short) or 0.0447% of the tradable shares (for every 100,000 tradable IT Tech Packaging shares, roughly 45 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against IT Tech Packaging.

Find out more about how you can short IT Tech Packaging stock.

IT Tech Packaging share dividends

We're not expecting IT Tech Packaging to pay a dividend over the next 12 months.

Have IT Tech Packaging's shares ever split?

IT Tech Packaging's shares were split on a 1:4 basis on 4 November 2009. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your IT Tech Packaging shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for IT Tech Packaging shares which in turn could have impacted IT Tech Packaging's share price.

IT Tech Packaging share price volatility

Over the last 12 months, IT Tech Packaging's shares have ranged in value from as little as $0.407 up to $1.45. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while IT Tech Packaging's is 0.2885. This would suggest that IT Tech Packaging's shares are less volatile than average (for this exchange).

IT Tech Packaging overview

IT Tech Packaging, Inc. produces and distributes paper products in the People's Republic of China. The company offers corrugating medium papers companies making corrugating cardboards; and offset printing papers to printing companies. 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. In addition, the company produces and sells non-medical single-use face masks. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc.

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