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

Intertek Gp (OTCMKTS:IKTSY)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $69.02 and last traded at $68.03, with a volume of 2239 shares trading hands. The stock had previously closed at $66.0750.

Analysts Set New Price Targets

Separately, BNP Paribas Exane raised shares of Intertek Gp to a “hold” rating in a report on Monday, January 5th. One equities 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 Performance

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’s 50 day moving average price is $55.41 and its 200 day moving average price is $60.82.

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.