ITOCHU (OTCMKTS:ITOCY) Announces Earnings Results

ITOCHU (OTCMKTS:ITOCY) posted its earnings results on Thursday. The company reported $2.19 earnings per share (EPS) for the quarter, Zacks reports. ITOCHU had a return on equity of 13.99% and a net margin of 5.70%.

ITOCHU Stock Up 1.4 %

Shares of ITOCY stock traded up $1.25 during trading hours on Thursday, reaching $93.26. 99,479 shares of the company’s stock were exchanged, compared to its average volume of 55,854. ITOCHU has a fifty-two week low of $79.25 and a fifty-two week high of $116.50. The stock’s 50 day moving average is $96.63 and its 200-day moving average is $99.58. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.41. The company has a market cap of $67.10 billion, a price-to-earnings ratio of 12.60 and a beta of 0.74.

About ITOCHU

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company’s Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycling businesses.