Intertape Polymer Group Inc. (ITP:CA) Rises 5.95% for January 12

Equities Staff  |

January 12 was a positive day for Intertape Polymer Group Inc. (ITP:CA) as its stock finished the day having gained 5.95% to hit a price of $22.45 a share. The company reached a market cap of 1.32 billion and has 58.8 million shares outstanding. Intertape Polymer Group Inc. is a component of the the S&P/TSX SmallCap Index.

470,122 shares changed hands over the course of the day as compared to an average volume of 143,498 over the last 30 days for Intertape Polymer Group Inc..

Intertape Polymer Group Inc is a part of the packaging industry. It manufactures and sells paper & film based pressure sensitive and water activated tapes and other packaging systems for industrial and retail use.. The company makes its home in Montreal, QC, and is currently under the leadership of CEO Gregory A. Yull.

Intertape Polymer Group Inc. has hit a high of $25.41 and reached a low of $17.49 over its last year of trading. The stock’s 50-day SMA is now $20.45 and 200-day SMA is $21.45. As for its price valuations, the P/E ratio is at 14.6 and P/B is now 4.36.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Intertape Polymer Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ITP:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Invictus MD Strategies Corp

Invictus MD Strategies Corp is focused on two main verticals within the Canadian cannabis sector under the Access to Cannabis for Medical Purposes Regulations having investment in Acreage Pharms Ltd.,…