Short Interest in Intertek Gp (OTCMKTS:IKTSY) Rises By 236.5%

Intertek Gp (OTCMKTS:IKTSY) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 21,406 shares, a growth of 236.5% from the February 12th total of 6,362 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 55,878 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 55,878 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, BNP Paribas Exane upgraded Intertek Gp to a “hold” rating in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Intertek Gp Trading Down 0.4%

Shares of OTCMKTS IKTSY traded down $0.19 during mid-day trading on Thursday, hitting $51.70. 43,466 shares of the company were exchanged, compared to its average volume of 18,878. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.34 and a quick ratio of 1.31. The stock has a 50 day simple moving average of $60.77 and a 200-day simple moving average of $63.19. Intertek Gp has a 1-year low of $50.77 and a 1-year high of $68.65.

Intertek Gp Company Profile

INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.