Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 50,800 shares, a growth of 1,273.0% from the February 28th total of 3,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is presently 2.4 days.

Intertek Group Stock Up 1.3 %

Shares of Intertek Group stock traded up $0.82 during trading on Thursday, hitting $64.88. 13,058 shares of the company’s stock were exchanged, compared to its average volume of 5,375. Intertek Group has a 52-week low of $55.84 and a 52-week high of $69.97. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 0.75. The business has a 50-day simple moving average of $65.14 and a 200-day simple moving average of $63.26.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Intertek Group from a “strong sell” rating to a “strong-buy” rating in a report on Friday, January 24th.

Intertek Group Company Profile

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.