IT Tech Packaging, Inc. (ITP): Price and Financial Metrics


IT Tech Packaging, Inc. (ITP)

Today's Latest Price: $0.95 USD

0.16 (20.79%)

Updated Jan 25 6:40pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 13 in Industrial - Paper

See all "A" rated Strong Buy stocks

ITP Stock Summary

  • It Tech Packaging Inc's market capitalization of $22,412,645 is ahead of only 5.63% of US-listed equities.
  • ITP's price/sales ratio is 0.22; that's higher than the P/S ratio of just 4.02% of US stocks.
  • ITP's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of merely 10.09% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to It Tech Packaging Inc are EOLS, YAYO, NWPX, MGPI, and RIBT.
  • ITP's SEC filings can be seen here. And to visit It Tech Packaging Inc's official web site, go to www.itpackaging.cn.

ITP Stock Price Chart Interactive Chart >

Price chart for ITP

ITP Price/Volume Stats

Current price $0.95 52-week high $1.39
Prev. close $0.79 52-week low $0.39
Day low $0.80 Volume 36,339,000
Day high $0.96 Avg. volume 16,553,760
50-day MA $0.65 Dividend yield N/A
200-day MA $0.57 Market Cap 27.11M

IT Tech Packaging, Inc. (ITP) Company Bio


IT Tech Packaging, Inc. produces and distributes paper products in the People's Republic of China. The company offers corrugating medium papers and offset printing papers. It 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, the company produces and sells non-medical single-use face masks. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People's' Republic of China.

ITP Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$0.95$0.11 -86%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for It Tech Packaging Inc. To summarize, we found that It Tech Packaging Inc ranked in the 15th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 85.83%. As for the metrics that stood out in our discounted cash flow analysis of It Tech Packaging Inc, consider:

  • Interest coverage, a measure of earnings relative to interest payments, is -0.59 -- which is good for besting only 21.53% of its peer stocks (US stocks in the Basic Materials sector with positive cash flow).
  • 56% of the company's capital comes from equity, which is greater than merely 24.83% of stocks in our cash flow based forecasting set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-86%
1%-86%
2%-86%
3%-86%
4%-86%
5%-85%

GGB, LYB, SQM, APD, and USAP can be thought of as valuation peers to ITP, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.


ITP Latest News Stream


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Latest ITP News From Around the Web

Below are the latest news stories about It Tech Packaging Inc that investors may wish to consider to help them evaluate ITP as an investment opportunity.

IT Tech Packaging, Inc. Announces Pricing of Approximately US$14.4 Million Upsized Public Offering

IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the pricing of a public offering of 26,181,818 shares of common stock (the "Common Stock") and warrants (the "Warrants") to purchase 26,181,818 shares of Common Stock at an offering price of $0.55 per share and warrant. Each Warrant is immediately exercisable for one share of Common Stock at an exercise price of US$0.55 per share and will expire five years from issuance. The aggregate gross proceeds of the offering are expected to be approximately US$14.4 million.

Yahoo | January 15, 2021

IT Tech Packaging, Inc. Provides Update on Single-Use Face Mask Products

IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced it is applying the license for its new single-use surgical masks from local food and drug administration in Hebei province amid strong market demands. The license is expected to be gained at the end of this month. At the meantime, production of its single-use face masks is now in full capacity as the number of confirmed Covid-19 cases surged again and anti-Covid-19 efforts become increasingly normalized globally. Launched in April, 2020, the single-use face mask production line produces 100,000 masks per day with an estimated gross margin of roughly 40%.

Yahoo | January 12, 2021

IT Tech Packaging, Inc. Announces Third Quarter 2020 Financial Results

IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its unaudited financial results for the third quarter ended September 30, 2020.

Yahoo | November 12, 2020

2020 Baoding Comprehensive Emergency Response Drill of Radiation Incidents Conducted in IT Tech Packaging, Inc.

IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced, on October 23, 2020, Baoding City Ecological Environment Bureau conducted a comprehensive emergency response drill for radiation incidents in Hebei Baoding Dongfang Paper Milling Co., Ltd. After the drill, bureau leaders and company management held a meeting evaluating the drill. The Company believes that the drill will be helpful for the Company to evaluate effectiveness of response procedures and give employees an opportunity to practice emergency procedures in a simulated but safe environment.

Yahoo | October 27, 2020

IT Tech Packaging, Inc. Advances Additional Orders Negotiation with One of Its Top 5 Customers

IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company is advancing negotiation with one of its top 5 customers, based in Shandong Province for orders of the paper products. The customer is currently ranked among the top 5 customers of the Company during the past couple of years.

Yahoo | September 24, 2020

Read More 'ITP' Stories Here

ITP Price Returns

1-mo N/A
3-mo 18.75%
6-mo 94.27%
1-year 9.20%
3-year -33.10%
5-year -25.78%
YTD 70.71%
2020 -40.80%
2019 49.21%
2018 -51.16%
2017 11.21%
2016 -21.62%

Continue Researching ITP

Here are a few links from around the web to help you further your research on It Tech Packaging Inc's stock as an investment opportunity:

It Tech Packaging Inc (ITP) Stock Price | Nasdaq
It Tech Packaging Inc (ITP) Stock Quote, History and News - Yahoo Finance
It Tech Packaging Inc (ITP) Stock Price and Basic Information | MarketWatch


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