Intertek Gp (OTCMKTS:IKTSY) Hits New 12-Month High – Time to Buy?

Intertek Gp (OTCMKTS:IKTSY) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $77.72 and last traded at $77.72, with a volume of 1818 shares trading hands. The stock had previously closed at $77.36.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded Intertek Gp to a “hold” rating in a report on Monday, May 18th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Intertek Gp Stock Up 1.2%

The business’s 50-day moving average is $72.55 and its two-hundred day moving average is $63.29. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06.

About Intertek Gp

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.