Intertek Gp (OTCMKTS:IKTSY – Get Free Report) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 47 shares, a decrease of 97.1% from the June 30th total of 1,623 shares. Based on an average daily volume of 25,561 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Intertek Gp Stock Down 1.5%
Shares of IKTSY stock traded down $1.15 during trading hours on Friday, hitting $77.26. 1,516 shares of the company were exchanged, compared to its average volume of 9,664. The business has a 50 day moving average of $76.01 and a two-hundred day moving average of $65.24. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03. Intertek Gp has a 52 week low of $47.35 and a 52 week high of $79.56.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on IKTSY shares. Jefferies Financial Group cut shares of Intertek Gp from a “strong-buy” rating to a “hold” rating in a research report on Monday. Kepler Capital Markets upgraded shares of Intertek Gp to a “hold” rating in a research report on Monday, May 18th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Intertek Gp currently has a consensus 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.
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