Intertek Gp (OTCMKTS:IKTSY) Reaches New 12-Month High – Should You Buy?

Shares of Intertek Gp (OTCMKTS:IKTSY) reached a new 52-week high during trading on Monday . The stock traded as high as $80.35 and last traded at $80.35, with a volume of 233 shares traded. The stock had previously closed at $78.9940.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Jefferies Financial Group lowered shares of Intertek Gp from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Kepler Capital Markets upgraded shares of Intertek Gp to a “hold” rating in a report on Monday, May 18th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Intertek Gp Price Performance

The company has a 50 day moving average of $78.16 and a 200 day moving average of $68.23. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.03.

About Intertek Gp

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.