Itex Corp. (OTCMKTS:ITEX – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $3.26 and traded as high as $3.41. Itex shares last traded at $3.41, with a volume of 250 shares traded.
Itex Trading Up 10.0%
The firm has a fifty day moving average of $3.26 and a 200-day moving average of $3.07.
About Itex
ITEX Corporation operates a business-to-business barter network that enables participating companies to exchange goods and services without relying solely on cash. Through its marketplace, members can offer excess inventory, professional services, advertising, and other business resources in return for products or services provided by other members. The company facilitates these transactions using ITEX dollars, an internal trade-credit system, and generates revenue through membership fees and transaction-related charges.
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