ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $100.15 and traded as low as $97.84. ITOCHU shares last traded at $98.50, with a volume of 26,542 shares.
ITOCHU Price Performance
The company's 50-day simple moving average is $99.99 and its 200 day simple moving average is $100.19. The company has a market cap of $71.23 billion, a PE ratio of 13.38 and a beta of 0.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 1.31.
Institutional Investors Weigh In On ITOCHU
A hedge fund recently raised its stake in ITOCHU stock. GAMMA Investing LLC boosted its position in ITOCHU Co. (OTCMKTS:ITOCY - Free Report) by 29.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,463 shares of the company's stock after acquiring an additional 332 shares during the quarter. GAMMA Investing LLC's holdings in ITOCHU were worth $157,000 at the end of the most recent quarter. 0.08% of the stock is owned by hedge funds and other institutional investors.
About ITOCHU
(
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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.
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