ITOCHU (OTCMKTS:ITOCY) Sets New 12-Month High at $102.63

ITOCHU Co. (OTCMKTS:ITOCYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $102.63 and last traded at $102.56, with a volume of 11958 shares changing hands. The stock had previously closed at $100.71.

ITOCHU Stock Up 1.8 %

The business’s 50 day simple moving average is $94.96 and its 200-day simple moving average is $90.37. The company has a market cap of $73.78 billion, a price-to-earnings ratio of 13.94 and a beta of 0.75. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 1.22.

ITOCHU (OTCMKTS:ITOCYGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported $1.37 earnings per share (EPS) for the quarter. The company had revenue of $18.97 billion during the quarter. ITOCHU had a net margin of 5.72% and a return on equity of 13.60%. Sell-side analysts expect that ITOCHU Co. will post 8.29 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ITOCY. GAMMA Investing LLC acquired a new stake in shares of ITOCHU during the fourth quarter worth approximately $69,000. Confluence Investment Management LLC bought a new position in ITOCHU in the first quarter valued at approximately $718,000. Finally, Atlas Capital Advisors LLC raised its holdings in ITOCHU by 13.1% in the first quarter. Atlas Capital Advisors LLC now owns 2,328 shares of the company’s stock worth $199,000 after purchasing an additional 270 shares during the period. Institutional investors and hedge funds own 0.08% of the company’s stock.

ITOCHU Company Profile

(Get Free Report)

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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