Intertek Group plc (OTCMKTS:IKTSY – Get Free Report) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,800 shares, an increase of 260.0% from the October 31st total of 500 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 0.2 days.
Intertek Group Trading Up 2.5 %
Shares of OTCMKTS:IKTSY opened at $61.13 on Thursday. The stock has a fifty day moving average of $62.96 and a 200-day moving average of $62.53. Intertek Group has a one year low of $50.22 and a one year high of $69.79.
Analyst Ratings Changes
A number of brokerages have weighed in on IKTSY. Royal Bank of Canada downgraded shares of Intertek Group from an “outperform” rating to a “sector perform” rating in a report on Monday, October 21st. The Goldman Sachs Group upgraded shares of Intertek Group to a “strong-buy” rating in a report on Friday, October 11th.
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.
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