Itochu Corp. (OTCMKTS:ITOCY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $104.54, but opened at $109.99. Itochu shares last traded at $103.73, with a volume of 726 shares trading hands.
Itochu Stock Performance
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 company has a market capitalization of $75.10 billion, a price-to-earnings ratio of 13.63 and a beta of 0.80. The stock has a 50 day simple moving average of $103.64 and a two-hundred day simple moving average of $96.45.
Institutional Trading of Itochu
An institutional investor recently raised its position in Itochu stock. Confluence Investment Management LLC grew its stake in shares of Itochu Corp. (OTCMKTS:ITOCY - Free Report) by 2.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,516 shares of the company's stock after purchasing an additional 204 shares during the period. Confluence Investment Management LLC's holdings in Itochu were worth $792,000 at the end of the most recent reporting period. 0.08% of the stock is owned by institutional investors.
Itochu Company Profile
(
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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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