Intertek Gp (OTCMKTS:IKTSY) Stock Short Interest Report for October

Intertek Gp (OTCMKTS:IKTSY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 44 shares, a decrease of 96.8% from the September 30th total of 1,377 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,699 shares, the short-interest ratio is presently 0.0 days.

Intertek Gp Stock Down 0.1%

Shares of OTCMKTS:IKTSY traded down $0.08 during midday trading on Monday, hitting $79.36. The stock had a trading volume of 4,220 shares, compared to its average volume of 12,649. Intertek Gp has a 1 year low of $47.35 and a 1 year high of $80.35. The stock has a 50 day moving average price of $78.67 and a two-hundred day moving average price of $69.49.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut 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 data from MarketBeat, Intertek Gp presently has a consensus rating of “Hold”.

Intertek Gp Company Profile

Intertek Group plc is a global provider of quality assurance, testing, inspection and certification services. The company helps businesses assess the safety, quality, performance and compliance of products, materials, processes and systems across their supply chains.

Its services include laboratory testing, product and commodity inspection, certification, auditing, conformity assessment and technical assurance. Intertek serves a broad range of industries, including consumer products, chemicals, energy, construction and engineering, transportation, food, pharmaceuticals and information technology.

Intertek traces its origins to 1885 and has developed into an international testing and assurance organization serving customers through operations across numerous markets worldwide.