ITOCHU Co. (OTCMKTS:ITOCY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $88.05 and traded as high as $89.31. ITOCHU shares last traded at $88.34, with a volume of 63,681 shares trading hands.
ITOCHU Trading Up 1.0 %
The company has a current ratio of 1.22, a quick ratio of 0.91 and a debt-to-equity ratio of 0.43. The firm has a market cap of $64.71 billion, a PE ratio of 12.49 and a beta of 0.73. The company's 50-day moving average is $87.98 and its 200 day moving average is $82.35.
ITOCHU (OTCMKTS:ITOCY - Get Free Report) last issued its quarterly earnings results on Monday, February 5th. The company reported $1.93 EPS for the quarter. The business had revenue of $28.40 billion during the quarter. ITOCHU had a net margin of 5.25% and a return on equity of 13.27%. As a group, sell-side analysts predict that ITOCHU Co. will post 7.64 EPS for the current year.
Institutional Investors Weigh In On ITOCHU
Hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in shares of ITOCHU during the 4th quarter valued at $69,000. Atlas Capital Advisors LLC boosted its stake in shares of ITOCHU by 1,238.0% during the 2nd quarter. Atlas Capital Advisors LLC now owns 1,231 shares of the company's stock valued at $98,000 after buying an additional 1,139 shares during the period. Captrust Financial Advisors boosted its stake in shares of ITOCHU by 111.7% during the 1st quarter. Captrust Financial Advisors now owns 1,562 shares of the company's stock valued at $106,000 after buying an additional 824 shares during the period. Rhumbline Advisers acquired a new stake in shares of ITOCHU during the 2nd quarter valued at $707,000. Finally, Confluence Investment Management LLC acquired a new stake in shares of ITOCHU during the 1st quarter valued at $718,000. Hedge funds and other institutional investors own 0.08% of the company's stock.
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 fiber and garment materials, textiles fabrics, apparel, and industrial materials; and imports lifestyle brands, fashion accessories, and garments in various areas, such as luxury, casual, and sports.
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