GAMMA Investing LLC increased its holdings in shares of ITOCHU Co. (OTCMKTS:ITOCY - Free Report) by 6,003.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,009 shares of the company's stock after purchasing an additional 99,354 shares during the period. GAMMA Investing LLC's holdings in ITOCHU were worth $9,395,000 as of its most recent SEC filing.
Separately, Confluence Investment Management LLC raised its stake in shares of ITOCHU by 2.5% during the first quarter. Confluence Investment Management LLC now owns 8,516 shares of the company's stock worth $792,000 after purchasing an additional 204 shares during the last quarter. Hedge funds and other institutional investors own 0.08% of the company's stock.
ITOCHU Stock Performance
Shares of ITOCHU stock traded down $0.41 on Monday, reaching $104.23. 35,391 shares of the stock were exchanged, compared to its average volume of 74,067. The firm has a market capitalization of $74.99 billion, a PE ratio of 13.61 and a beta of 0.82. ITOCHU Co. has a 1-year low of $79.12 and a 1-year high of $116.50. The business has a fifty day moving average price of $98.90 and a two-hundred day moving average price of $95.74. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41.
About ITOCHU
(
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.
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