Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 6,500 shares, a decrease of 69.6% from the February 26th total of 21,406 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 60,293 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

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

Intertek Gp Price Performance

Shares of IKTSY remained flat at $49.58 during mid-day trading on Thursday. 7,463 shares of the company traded hands, compared to its average volume of 22,937. The business has a fifty day moving average of $58.05 and a 200-day moving average of $62.13. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.31 and a current ratio of 1.34. Intertek Gp has a twelve month low of $47.35 and a twelve month high of $68.65.

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.