IT Tech Packaging (ITP) Stock Price, News & Analysis

Company Overview

IT Tech Packaging, Inc., together with its subsidiaries, engages in the production and distribution of paper products in the People's Republic of China. The company operates through three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. It offers corrugating medium papers to companies making corrugating cardboards; and offset printing papers to printing companies. The company also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand. In addition, it produces and sells non-medical single-use face masks, and medical face masks. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. The company is headquartered in Baoding, the People's' Republic of China.

Key Stats

• Today's Range: $0.19 to $0.19
• 50-Day Range: $0.16 to $0.44
• 52-Week Range: $0.15 to $1.07
• Volume: 247,656 shs
• Average Volume: 2.28 million shs
• Market Capitalization: $1.90 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IT Tech Packaging Stock Analysis - MarketRank™

IT Tech Packaging scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for IT Tech Packaging.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IT Tech Packaging is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of IT Tech Packaging is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

IT Tech Packaging has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.38% of the float of IT Tech Packaging has been sold short.

Short Interest Ratio / Days to Cover

IT Tech Packaging has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IT Tech Packaging has recently decreased by 17.49%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

IT Tech Packaging does not currently pay a dividend.

Dividend Growth

IT Tech Packaging does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.38% of the float of IT Tech Packaging has been sold short.

Short Interest Ratio / Days to Cover

IT Tech Packaging has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in IT Tech Packaging has recently decreased by 17.49%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for ITP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, IT Tech Packaging insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.30% of the stock of IT Tech Packaging is held by insiders.

Percentage Held by Institutions

Only 2.99% of the stock of IT Tech Packaging is held by institutions.

ITP Stock Analysis - Frequently Asked Questions

How have ITP shares performed this year?

IT Tech Packaging's stock was trading at $0.6014 at the start of the year. Since then, ITP shares have decreased by 68.6% and is now trading at $0.1890.

When did IT Tech Packaging's stock split?

IT Tech Packaging shares reverse split on the morning of Friday, July 8th 2022.The 1-10 reverse split was announced on Friday, July 8th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 8th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of IT Tech Packaging?

Shares of ITP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of IT Tech Packaging own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IT Tech Packaging investors own include Meta Platforms (META), NVIDIA (NVDA), Broadcom (AVGO), e.l.f. Beauty (ELF), Adobe (ADBE), Arista Networks (ANET) and Genius Sports (GENI).

Company Calendar

• Today: 7/03/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Converted paper & paperboard products, except containers & box
• Sub-Industry: Business Supplies
• Current Symbol: NYSE:ITP
• CIK: 1358190
• Web: www.itpackaging.cn
• Phone: 863128698215
• Fax: N/A
• Employees: 370
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$9.95 million
• Net Margins: -12.35%
• Pretax Margin: -11.35%
• Return on Equity: -5.92%
• Return on Assets: -5.09%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 1.59
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $79.87 million
• Price / Sales: 0.02
• Cash Flow: $0.24 per share
• Price / Cash Flow: 0.78
• Book Value: $16.72 per share
• Price / Book: 0.01

Miscellaneous

• Outstanding Shares: 10,070,000
• Free Float: 9,533,000
• Market Cap: $1.88 million
• Optionable: Optionable
• Beta: -1.00