Intertek Gp (OTCMKTS:IKTSY) Shares Gap Up – Still a Buy?

Intertek Gp (OTCMKTS:IKTSY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $51.14, but opened at $58.5350. Intertek Gp shares last traded at $58.52, with a volume of 1,396 shares changing hands.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane upgraded Intertek Gp to a “hold” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Intertek Gp Stock Up 12.5%

The company has a 50 day moving average of $54.90 and a 200-day moving average of $60.78. The company has a quick ratio of 1.06, a current ratio of 1.08 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.