0R15 9185.0 3.388% 0R1E 9264.0 1.0141% 0M69 None None% 0R2V 245.5 -0.2033% 0QYR None None% 0QYP 424.5 -0.5855% 0RUK None None% 0RYA 1568.0 -2.0% 0RIH 192.35 0.7332% 0RIH 190.3 -1.0658% 0R1O 224.0 9944.843% 0R1O None None% 0QFP None None% 0M2Z 264.2724 -0.2275% 0VSO 33.22 -6.6985% 0R1I None None% 0QZI 595.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 235.79 0.9289%
IT Tech Packaging Inc
Company Overview: IT Tech Packaging Inc (NYSE: ITP) is a holding company with operations primarily conducted by its subsidiaries and through contractual arrangements with Hebei Baoding Dongfang Paper Milling Company Limited, a People’s Republic of China company, the variable interest entity, or VIE, based in China. IT Tech Packaging operates its business in China through its PRC subsidiaries, namely Baoding Shengde Paper Co., Ltd., a People’s Republic of China company ('Baoding Shengde') and QianrongQianhui Hebei Technology Co., Ltd., a People’s Republic of China company ('Qianrong') (together with Baoding Shengde, the 'PRC Subsidiaries'), and Dongfang Paper, which is referred to as the VIE in this annual report.
As per our previous US Daily Report published on ‘ITP’ on 31st December 2024, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 0.29 based on “decent fundamentals, other key financial highlights, the upside indicated by valuation and key risks” and the stock price has now moved by ~106.89% since then and attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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