Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,980 shares, a drop of 73.6% from the December 15th total of 11,281 shares. Based on an average daily volume of 53,728 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 53,728 shares, the days-to-cover ratio is currently 0.1 days.

Intertek Gp Stock Performance

Shares of Intertek Gp stock opened at $63.19 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 1.34 and a debt-to-equity ratio of 0.94. The company has a 50 day moving average of $63.31 and a 200-day moving average of $64.59. Intertek Gp has a 1-year low of $51.96 and a 1-year high of $69.97.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded Intertek Gp to a “hold” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

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.