Intertek Group (OTCMKTS:IKTSY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

by · The Cerbat Gem

Intertek Group plc (OTCMKTS:IKTSY – Get Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $65.60 and traded as low as $64.54. Intertek Group shares last traded at $64.54, with a volume of 1,268 shares trading hands.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Intertek Group from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, January 24th.

View Our Latest Research Report on IKTSY

Intertek Group Price Performance

The company has a debt-to-equity ratio of 0.75, a current ratio of 1.27 and a quick ratio of 1.25. The business’s 50-day moving average price is $65.60 and its two-hundred day moving average price is $63.24.

About Intertek Group

(Get Free Report)

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.

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