ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $90.81 and traded as high as $101.78. ITOCHU shares last traded at $99.40, with a volume of 44,715 shares.
ITOCHU Price Performance
The stock has a market capitalization of $74.11 billion, a price-to-earnings ratio of 13.45 and a beta of 0.73. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.97 and a current ratio of 1.31. The company has a 50 day moving average of $92.16 and a 200 day moving average of $95.22.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $2.19 EPS for the quarter. ITOCHU had a return on equity of 13.97% and a net margin of 5.93%.
Institutional Trading of ITOCHU
A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in ITOCHU by 13.1% during the 4th quarter. GAMMA Investing LLC now owns 1,655 shares of the company's stock worth $163,000 after buying an additional 192 shares during the last quarter. Confluence Investment Management LLC lifted its holdings in 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 buying an additional 204 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in ITOCHU during the 4th quarter worth about $413,000. 0.08% of the stock is owned by hedge funds and other institutional investors.
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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