Intertek Gp (OTCMKTS:IKTSY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,377 shares, an increase of 289.0% from the September 15th total of 354 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 19,684 shares, the short-interest ratio is presently 0.1 days.
Intertek Gp Trading Down 0.2%
OTCMKTS IKTSY traded down $0.12 on Friday, reaching $77.83. The company had a trading volume of 2,810 shares, compared to its average volume of 6,006. The stock’s 50 day moving average is $78.67 and its 200-day moving average is $72.69. Intertek Gp has a 52 week low of $47.35 and a 52 week high of $80.35.
Analysts Set New Price Targets
Separately, Jefferies Financial Group cut shares of Intertek Gp from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Intertek Gp Company Profile
Intertek Group plc is a multinational provider of assurance, testing, inspection and certification services. The company helps businesses assess the safety, quality, performance and compliance of products, processes and supply chains across a wide range of industries.
Its services include laboratory testing, product certification, factory and supplier inspections, industrial asset verification, quality assurance, environmental and sustainability assessments, and risk-management support.
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