Itochu Corp. (OTCMKTS:ITOCY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $100.97 and traded as high as $104.50. Itochu shares last traded at $103.58, with a volume of 28,189 shares changing hands.
Itochu Trading Down 1.0%
The stock's fifty day moving average price is $101.68 and its 200 day moving average price is $96.10. The stock has a market cap of $74.04 billion, a P/E ratio of 13.43 and a beta of 0.82. The company has a current ratio of 1.28, a quick ratio of 0.95 and a debt-to-equity ratio of 0.43.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SVB Wealth LLC bought a new stake in Itochu in the fourth quarter worth $413,000. Confluence Investment Management LLC raised its position in shares of Itochu by 2.5% in the 1st quarter. Confluence Investment Management LLC now owns 8,516 shares of the company's stock worth $792,000 after purchasing an additional 204 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in 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. Institutional investors own 0.08% of the company's stock.
Itochu Company Profile
(
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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