Intertek Gp (OTCMKTS:IKTSY) Sees Large Volume Increase – Should You Buy?

Shares of Intertek Gp (OTCMKTS:IKTSY) saw strong trading volume on Thursday . 30,257 shares changed hands during trading, an increase of 220% from the previous session’s volume of 9,455 shares.The stock last traded at $60.45 and had previously closed at $60.9896.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane upgraded shares of Intertek Gp to a “hold” rating in a report on Monday, January 5th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Intertek Gp Stock Down 1.1%

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 business has a fifty day simple moving average of $62.02 and a 200-day simple moving average of $63.90.

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.