Itex Corp. (OTCMKTS:ITEX – Get Free Report)’s stock price was down 1.8% during mid-day trading on Tuesday . The stock traded as low as $2.70 and last traded at $2.70. Approximately 1,500 shares traded hands during mid-day trading, an increase of 160% from the average daily volume of 577 shares. The stock had previously closed at $2.75.
Itex Stock Performance
The business’s 50-day moving average price is $2.81 and its 200 day moving average price is $3.25.
About Itex
ITEX Corporation operates a barter-based exchange platform that enables businesses to trade goods and services using an alternative currency called ITEX Trade Dollars. By matching buyers and sellers through its proprietary network, the company helps members conserve cash, improve cash flow and clear excess inventory without traditional financial outlays.
The company’s core offering revolves around its ITEX Trade Marketplace, where participating businesses can post trade opportunities and fulfill needs across a wide range of categories, including office supplies, marketing services, professional consulting and maintenance.
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