Algo version: 0.98b
IT Tech Packaging Inc is listed at the AMEX Exchange
IT Tech Packaging Inc [ITP]
AMEX Sector: Basic Materials Industry:Paper Lumber Forest Products

Is IT Tech Packaging Inc stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, IT Tech Packaging Inc pays dividends. Last time was Monday 16th of December 2013 where the investors holding the stock on Tuesday 26th of November 2013 were paid $0.005 per share. Over the last 5 times between 2012 and 2013, IT Tech Packaging Inc has paid $0.055 with an average of $0.01 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for IT Tech Packaging Inc 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $9.28, you would have made a loss of $-9.05 per share or -97.52%

No, the average daily trading liquidity for IT Tech Packaging Inc is $107 770 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

IT Tech Packaging Inc has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.82, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for IT Tech Packaging Inc to be low [0.3 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.