ITG, Inc.: Puzzled As Shares Plunge While The Performance Looks Sound ITG, Inc. shares have plunged...
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ITG, Inc.: Puzzled As Shares Plunge While The Performance Looks Sound ITG, Inc. shares have plunged two-thirds post-IPO despite strong sales growth and backlog expansion. Q2 results showed 38% sales growth and margin improvement, with operating profit rising to 5% of sales. Valuation now sits below 7x EBITDA, appearing too cheap given reported growth and backlog momentum.
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