Internet Technology Packaging (ITP, Financial) experienced a significant decline in its stock price, dropping by 5.84%. The stock is now priced at $0.266 per share with a trading volume of 13,857 shares and a turnover rate of 0.14%, reflecting a volatility of 4.42%.
According to its recent financial report, the company reported an operating revenue of $26.25 million, with a net loss of $77,747. The earnings per share stood at a negative $0.01, and the company has a gross profit of $3.27 million, resulting in a price-to-earnings ratio of -0.28. Currently, there are no institutional ratings available for ITP stock.
Within the paper products industry, where ITP operates, the overall growth was 0.44%. Notable stocks such as Suzano Sa, Clearwater Paper, and Mercer International showed substantial gains. ITP, along with Clearwater Paper and Mercer International, were notably active in terms of turnover rates at 0.14%, 0.42%, and 0.40% respectively. The stocks showing significant volatility included ITP with 4.42%, Suzano Sa with 3.43%, and Mercer International with 3.34%.
Internet Technology Packaging is a Chinese holding company engaged in the paper manufacturing business, producing and distributing various paper products including packaging paper, offset printing paper, and tissue products. The company also manufactures digital photo paper, operating through divisions like Orient Paper and Tengsheng Paper for production and Baoding Shengde for digital photos and masks.
