Intertek Gp (OTCMKTS:IKTSY) Sees Significant Increase in Short Interest
by Scott Moore · The Cerbat GemIntertek Gp (OTCMKTS:IKTSY – Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 19,638 shares, a growth of 229.3% from the March 31st total of 5,963 shares. Based on an average daily trading volume, of 38,866 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.
Analysts Set New Price Targets
Separately, BNP Paribas Exane raised Intertek Gp to a “hold” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Intertek Gp presently has an average rating of “Hold”.
Get Our Latest Analysis on IKTSY
Intertek Gp Trading Down 0.2%
Shares of IKTSY traded down $0.13 during trading hours on Friday, reaching $65.31. 5,369 shares of the company’s stock traded hands, compared to its average volume of 16,407. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06. Intertek Gp has a twelve month low of $47.35 and a twelve month high of $69.02. The business’s fifty day simple moving average is $55.50 and its two-hundred day simple moving average is $60.80.
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.