Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 4,099 shares, an increase of 143.8% from the May 31st total of 1,681 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,979 shares, the short-interest ratio is currently 0.6 days.

Intertek Gp Stock Performance

IKTSY remained flat at $77.36 during trading on Wednesday. 21,665 shares of the company traded hands, compared to its average volume of 3,328. Intertek Gp has a 1 year low of $47.35 and a 1 year high of $77.52. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06. The stock has a fifty day moving average of $72.55 and a 200-day moving average of $63.29.

Analyst Ratings Changes

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

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.