Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 6,500 shares, a decrease of 69.6% from the February 26th total of 21,406 shares. Based on an average daily volume of 60,293 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Intertek Gp Trading Down 1.1%

IKTSY traded down $0.54 during midday trading on Friday, reaching $48.05. 29,006 shares of the company were exchanged, compared to its average volume of 23,597. Intertek Gp has a one year low of $47.35 and a one year high of $68.65. The stock’s 50-day simple moving average is $57.78 and its 200 day simple moving average is $62.04. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.34 and a quick ratio of 1.31.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane raised shares of Intertek Gp to a “hold” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Intertek Gp has an average rating of “Hold”.

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.