ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $99.91 and traded as high as $100.37. ITOCHU shares last traded at $99.79, with a volume of 29,983 shares.
ITOCHU Trading Up 1.3 %
The stock's fifty day simple moving average is $99.94 and its two-hundred day simple moving average is $100.35. The firm has a market cap of $71.80 billion, a PE ratio of 13.49 and a beta of 0.75. The company has a quick ratio of 0.98, a current ratio of 1.31 and a debt-to-equity ratio of 0.41.
Hedge Funds Weigh In On ITOCHU
An institutional investor recently raised its position in ITOCHU stock. Rhumbline Advisers boosted its holdings in ITOCHU Co. (OTCMKTS:ITOCY - Free Report) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,001 shares of the company's stock after acquiring an additional 535 shares during the quarter. Rhumbline Advisers' holdings in ITOCHU were worth $1,082,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.08% of the company's stock.
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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