ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $98.14 and traded as low as $90.25. ITOCHU shares last traded at $91.93, with a volume of 45,645 shares trading hands.
ITOCHU Trading Up 1.8 %
The company has a market cap of $67.02 billion, a PE ratio of 12.16 and a beta of 0.76. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. The stock has a 50 day moving average price of $90.31 and a 200 day moving average price of $98.03.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $2.19 EPS for the quarter. ITOCHU had a return on equity of 13.97% and a net margin of 5.93%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in ITOCHU stock. SVB Wealth LLC acquired a new stake in shares of ITOCHU Co. (OTCMKTS:ITOCY - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,193 shares of the company's stock, valued at approximately $413,000. 0.08% of the stock is owned by hedge funds and other institutional investors.
ITOCHU Company Profile
(
Get Free Report)
ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company's Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.
Further Reading
Before you consider ITOCHU, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ITOCHU wasn't on the list.
While ITOCHU currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.