GAMMA Investing LLC Purchases 99,354 Shares of ITOCHU Co. (OTCMKTS:ITOCY)

GAMMA Investing LLC grew its position in shares of ITOCHU Co. (OTCMKTS:ITOCY - Free Report) by 6,003.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,009 shares of the company's stock after purchasing an additional 99,354 shares during the quarter. 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 position 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 acquiring an additional 204 shares during the last quarter. 0.08% of the stock is currently owned by institutional investors.

ITOCHU Trading Up 0.0%

Shares of ITOCY traded up $0.04 during mid-day trading on Wednesday, reaching $103.05. 16,308 shares of the company were exchanged, compared to its average volume of 73,082. ITOCHU Co. has a 52 week low of $79.12 and a 52 week high of $116.50. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.97 and a current ratio of 1.31. The stock has a market capitalization of $74.14 billion, a PE ratio of 13.45 and a beta of 0.82. The business has a 50 day simple moving average of $99.81 and a two-hundred day simple moving average of $95.87.

ITOCHU Profile

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.