ValuEngine downgraded shares of Intertape Polymer Group (OTCMKTS:ITPOF) from a hold rating to a sell rating in a research report sent to investors on Monday morning.
Intertape Polymer Group opened at $14.61 on Monday, according to MarketBeat Ratings. Intertape Polymer Group has a 1 year low of $14.11 and a 1 year high of $20.05. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.49 and a quick ratio of 1.10. The firm has a market capitalization of $830.95 million, a PE ratio of 16.06 and a beta of 1.11.
Intertape Polymer Group (OTCMKTS:ITPOF) last posted its earnings results on Thursday, May 10th. The industrial products company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.07). Intertape Polymer Group had a return on equity of 20.91% and a net margin of 6.69%. The firm had revenue of $237.23 million during the quarter.
About Intertape Polymer Group
Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.
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