IT Tech Ownership
| ITP Stock | USD 0.28 0.00 0.00% |
Shares in Circulation | First Issued 2006-03-31 | Previous Quarter 10.1 M | Current Value 10.1 M | Avarage Shares Outstanding 3.3 M | Quarterly Volatility 3.6 M |
ITP |
ITP Stock Ownership Analysis
The company has price-to-book (P/B) ratio of 0.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. IT Tech Packaging recorded a loss per share of 0.98. The entity last dividend was issued on the 26th of November 2013. The firm had 1:10 split on the 8th of July 2022. IT Tech Packaging, Inc., through its subsidiaries, engages in the production and distribution of paper products in the Peoples Republic of China. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the Peoples Republic of China. IT Tech operates under Paper Paper Products classification in the United States and is traded on AMEX Exchange. It employs 366 people. To learn more about IT Tech Packaging call Zhenyong Liu at 86 31 2869 8215 or check out https://www.itpackaging.cn.Besides selling stocks to institutional investors, IT Tech also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different IT Tech's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align IT Tech's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
IT Tech Quarterly Liabilities And Stockholders Equity |
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About 5.0% of IT Tech Packaging are currently held by insiders. Unlike IT Tech's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against IT Tech's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of IT Tech's insider trades
IT Tech Packaging Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IT Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on IT Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IT Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
IT Tech Outstanding Bonds
IT Tech issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. IT Tech Packaging uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ITP bonds can be classified according to their maturity, which is the date when IT Tech Packaging has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with IT Tech
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IT Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IT Tech will appreciate offsetting losses from the drop in the long position's value.Moving against ITP Stock
The ability to find closely correlated positions to IT Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IT Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IT Tech Packaging to buy it.
The correlation of IT Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IT Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Tech Packaging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IT Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ITP Stock Analysis
When running IT Tech's price analysis, check to measure IT Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.