ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) shares 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 changing hands.
ITOCHU Trading Up 0.8%
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 firm has a market capitalization of $74.33 billion, a PE ratio of 13.49 and a beta of 0.84. The firm's fifty day moving average is $94.77 and its two-hundred day moving average is $95.22.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $2.19 EPS for the quarter. ITOCHU had a net margin of 5.93% and a return on equity of 13.97%.
Hedge Funds Weigh In On ITOCHU
Several large investors have recently modified their holdings of the business. SVB Wealth LLC bought a new stake in ITOCHU during the 4th quarter valued at $413,000. Confluence Investment Management LLC lifted its holdings in shares of ITOCHU by 2.5% during the 1st 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. Finally, GAMMA Investing LLC boosted its holdings in shares of ITOCHU by 6,003.3% in the 1st quarter. GAMMA Investing LLC now owns 101,009 shares of the company's stock worth $9,395,000 after purchasing an additional 99,354 shares in the last quarter. Hedge funds and other institutional investors own 0.08% of the company's stock.
About ITOCHU
(
Get 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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