ITOCHU Co. (OTCMKTS:ITOCY – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 9,800 shares, a growth of 46.3% from the August 15th total of 6,700 shares. Based on an average daily volume of 77,700 shares, the days-to-cover ratio is currently 0.1 days.
ITOCHU Trading Down 1.2 %
Shares of ITOCY stock traded down $1.23 during mid-day trading on Friday, reaching $103.85. 39,323 shares of the stock traded hands, compared to its average volume of 39,216. The stock’s fifty day simple moving average is $99.30 and its two-hundred day simple moving average is $93.77. ITOCHU has a 1-year low of $68.15 and a 1-year high of $108.26. The company has a quick ratio of 0.98, a current ratio of 1.29 and a debt-to-equity ratio of 0.43. The company has a market cap of $74.71 billion, a price-to-earnings ratio of 14.27 and a beta of 0.76.
ITOCHU (OTCMKTS:ITOCY – Get Free Report) last posted its earnings results on Monday, August 5th. The company reported $1.84 EPS for the quarter. ITOCHU had a net margin of 5.56% and a return on equity of 13.09%. The business had revenue of $23.09 billion for the quarter. On average, research analysts anticipate that ITOCHU will post 8.29 EPS for the current fiscal year.
Hedge Funds Weigh In On ITOCHU
About ITOCHU
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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