Intelligent Group (NASDAQ:INTJ) Shares Scheduled to Reverse Split on Wednesday, February 4th

Shares of Intelligent Group Limited (NASDAQ:INTJ) are going to reverse split on the morning of Wednesday, February 4th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, February 3rd.

Intelligent Group Stock Performance

Intelligent Group stock traded up $0.01 during midday trading on Friday, reaching $0.34. 26,465 shares of the stock traded hands, compared to its average volume of 73,265. The company has a 50-day simple moving average of $0.54 and a two-hundred day simple moving average of $0.67. Intelligent Group has a 12-month low of $0.30 and a 12-month high of $1.70.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Intelligent Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Hedge Funds Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC acquired a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned approximately 0.44% of Intelligent Group at the end of the most recent reporting period.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.