Itochu Corp. (OTCMKTS:ITOCY - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $103.90 and traded as high as $104.70. Itochu shares last traded at $104.35, with a volume of 36,871 shares changing hands.
Itochu Stock Down 1.1%
The company has a debt-to-equity ratio of 0.43, a current ratio of 1.28 and a quick ratio of 0.95. The firm has a market cap of $72.95 billion, a price-to-earnings ratio of 13.24 and a beta of 0.80. The firm has a 50 day moving average price of $103.96 and a 200-day moving average price of $96.64.
Institutional Investors Weigh In On Itochu
A hedge fund recently raised its stake in Itochu stock. GAMMA Investing LLC boosted its stake in Itochu Corp. (OTCMKTS:ITOCY - Free Report) by 6,003.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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. 0.08% of the stock is owned by institutional investors and hedge funds.
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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