ITEX (OTCMKTS:ITEX) Stock Price Down 10% – Here’s Why

ITEX Co. (OTCMKTS:ITEXGet Free Report) shares dropped 10% during mid-day trading on Thursday . The company traded as low as $4.00 and last traded at $4.18. Approximately 8,811 shares changed hands during trading, an increase of 430% from the average daily volume of 1,661 shares. The stock had previously closed at $4.65.

ITEX Stock Performance

The company has a 50-day moving average price of $4.77 and a 200-day moving average price of $4.69.

ITEX Company Profile

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ITEX Corporation operates a marketplace in which products and services are exchanged by marketplace members without exchanging cash in the United States. The company’s marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of United States dollars.

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