Shares of ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $94.53 and traded as high as $102.75. ITOCHU shares last traded at $102.30, with a volume of 24,845 shares traded.
ITOCHU Stock Performance
The stock's 50-day simple moving average is $95.27 and its 200 day simple moving average is $95.32. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a market capitalization of $74.71 billion, a P/E ratio of 13.55 and a beta of 0.84.
Institutional Investors Weigh In On ITOCHU
Several hedge funds have recently bought and sold shares of ITOCY. SVB Wealth LLC acquired a new stake in shares of ITOCHU in the fourth quarter valued at approximately $413,000. GAMMA Investing LLC raised its position in shares of ITOCHU by 6,003.3% in the first quarter. GAMMA Investing LLC now owns 101,009 shares of the company's stock valued at $9,395,000 after buying an additional 99,354 shares in the last quarter. Finally, Confluence Investment Management LLC raised its stake in ITOCHU by 2.5% in the first quarter. Confluence Investment Management LLC now owns 8,516 shares of the company's stock valued at $792,000 after purchasing an additional 204 shares in the last quarter. 0.08% of the stock is currently owned by institutional investors and hedge funds.
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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