Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 354 shares, a growth of 608.0% from the August 31st total of 50 shares. Based on an average trading volume of 2,321 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Intertek Gp Price Performance

Intertek Gp stock traded up $0.15 during midday trading on Friday, reaching $77.63. 1,192 shares of the stock were exchanged, compared to its average volume of 5,875. The company’s fifty day moving average is $78.66 and its 200-day moving average is $70.74. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.06 and a current ratio of 1.08. Intertek Gp has a 52 week low of $47.35 and a 52 week high of $80.35.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered Intertek Gp from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Intertek Gp has a consensus rating of “Hold”.

Intertek Gp Company Profile

Intertek Group plc is a global provider of quality assurance, testing, inspection and certification services. The company helps businesses assess the safety, quality, performance and regulatory compliance of products, materials, processes and facilities across a wide range of industries.

Its services include laboratory testing, product certification, supply-chain audits, industrial inspection, environmental analysis and assurance programs. Intertek serves sectors such as consumer products, food and agriculture, chemicals, pharmaceuticals, energy, transportation, construction and infrastructure, supporting customers from product development and manufacturing through distribution and market access.

Founded in 1885, Intertek has developed an international network of laboratories, offices and technical experts serving clients in markets around the world.