Intertek Gp (OTCMKTS:IKTSY) Hits New 1-Year High – Here’s What Happened

Intertek Gp (OTCMKTS:IKTSY) shares hit a new 52-week high during trading on Friday . The company traded as high as $79.7660 and last traded at $79.7660, with a volume of 1032 shares changing hands. The stock had previously closed at $79.3425.

Wall Street Analysts Forecast Growth

IKTSY has been the topic of several research analyst reports. Kepler Capital Markets raised Intertek Gp to a “hold” rating in a research report on Monday, May 18th. Jefferies Financial Group lowered Intertek Gp from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, Intertek Gp has a consensus rating of “Hold”.

Intertek Gp Trading Up 0.2%

The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 1.03. The company’s fifty day simple moving average is $77.90 and its 200 day simple moving average is $67.54.

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.