IT Tech Packaging Inc.

07/27/2021 | Press release | Distributed by Public on 07/27/2021 12:39

Shares of IT Tech Packaging Inc. (ITP) Have Fallen Below Previous 52-Week Low

Shares of IT Tech Packaging Inc. (ITP) Have Fallen Below Previous 52-Week Low
IT Tech Packaging Inc. (NYSE American:ITP) traded today at a new 52-week low of $0.38. Approximately 6.1 million shares have changed hands today, as compared to an average 30-day volume of 2.4 million shares.

IT Tech Packaging Inc is a holding company engaged in the business of paper manufacturing in China. The company operates as a producer and distributor of paper products. It involves in production and distribution of three categories of paper products: packing paper (corrugating medium paper), offset printing paper, and tissue paper products. It also produces digital photo paper. Its business is structured into two segments Dongfang Paper which produces offset printing paper and corrugating medium paper; and Baoding Shengde which produces digital photo paper.

IT Tech Packaging Inc. share prices have moved between a 52-week high of $1.45 and the current low of $0.38 and are currently at $0.41 per share.

Based on a current price of $0.41, IT Tech Packaging Inc. is currently 5.1% above its average consensus analyst price target of $0.39.

Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit

About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:

News Provided by InvestorBrandNetwork via QuoteMedia