Shares of Itex Corp. (OTCMKTS:ITEX – Get Free Report) rose 6.9% on Wednesday . The stock traded as high as $3.25 and last traded at $3.25. Approximately 150 shares were traded during trading, The stock had previously closed at $3.0406.
Itex Stock Performance
The company has a 50-day moving average of $3.05 and a 200-day moving average of $2.98.
About Itex
ITEX Corporation operates a barter-based exchange platform that enables businesses to trade goods and services using an alternative currency called ITEX Trade Dollars. By matching buyers and sellers through its proprietary network, the company helps members conserve cash, improve cash flow and clear excess inventory without traditional financial outlays.
The company’s core offering revolves around its ITEX Trade Marketplace, where participating businesses can post trade opportunities and fulfill needs across a wide range of categories, including office supplies, marketing services, professional consulting and maintenance.
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