Intertek Gp (OTCMKTS:IKTSY) Hits New 12-Month Low – Here’s Why

Intertek Gp (OTCMKTS:IKTSY)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $51.69 and last traded at $52.70, with a volume of 30062 shares trading hands. The stock had previously closed at $64.33.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane raised Intertek Gp to a “hold” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Intertek Gp Stock Down 0.7%

The company’s 50 day simple moving average is $61.66 and its 200 day simple moving average is $63.52. The company has a quick ratio of 1.31, a current ratio of 1.34 and a debt-to-equity ratio of 0.94.

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.