Intertek Gp (OTCMKTS:IKTSY) Rating Lowered to Hold at Jefferies Financial Group

Intertek Gp (OTCMKTS:IKTSY) was downgraded by Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Separately, Kepler Capital Markets raised Intertek Gp to a “hold” rating in a research note on Monday, May 18th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Intertek Gp Price Performance

Shares of OTCMKTS IKTSY opened at $77.80 on Monday. Intertek Gp has a 12-month low of $47.35 and a 12-month high of $79.56. The stock has a 50 day simple moving average of $75.89 and a 200-day simple moving average of $64.93. The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 1.03.

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.