Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,623 shares, a decline of 60.4% from the June 15th total of 4,099 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 10,510 shares, the days-to-cover ratio is currently 0.2 days.

Intertek Gp Trading Up 1.6%

Intertek Gp stock traded up $1.24 during trading hours on Wednesday, hitting $78.71. The company had a trading volume of 10,977 shares, compared to its average volume of 16,828. The firm’s fifty day moving average is $74.98 and its 200-day moving average is $64.43. Intertek Gp has a fifty-two week low of $47.35 and a fifty-two week high of $79.56. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Intertek Gp to a “hold” rating in a report on Monday, May 18th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

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.