ITOCHU (OTCMKTS:ITOCY) Reaches New 12-Month High at $84.88

Shares of ITOCHU Co. (OTCMKTS:ITOCY) hit a new 52-week high on Monday . The company traded as high as $84.88 and last traded at $82.96, with a volume of 366801 shares changing hands. The stock had previously closed at $82.00.

ITOCHU Trading Up 1.2 %

The firm has a market cap of $65.74 billion, a PE ratio of 11.48 and a beta of 0.74. The business has a 50-day moving average price of $74.52 and a two-hundred day moving average price of $75.44. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.29 and a quick ratio of 0.98.

Institutional Trading of ITOCHU

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Todd Asset Management LLC increased its position in ITOCHU by 0.5% during the 2nd quarter. Todd Asset Management LLC now owns 553,571 shares of the company’s stock worth $43,899,000 after purchasing an additional 2,877 shares in the last quarter. Rhumbline Advisers purchased a new stake in ITOCHU in the 2nd quarter valued at about $707,000. Captrust Financial Advisors grew its holdings in ITOCHU by 111.7% in the 1st quarter. Captrust Financial Advisors now owns 1,562 shares of the company’s stock valued at $106,000 after buying an additional 824 shares during the period. Finally, Atlas Capital Advisors LLC grew its holdings in ITOCHU by 1,238.0% in the 2nd quarter. Atlas Capital Advisors LLC now owns 1,231 shares of the company’s stock valued at $98,000 after buying an additional 1,139 shares during the period.

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.