Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the December 15th total of 100 shares. Based on an average daily volume of 12,400 shares, the short-interest ratio is currently 0.2 days.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Intertek Group from a “hold” rating to a “sell” rating in a research report on Tuesday, November 16th. Citigroup raised Intertek Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 16th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $88.00.

Shares of IKTSY stock opened at $74.88 on Friday. The firm has a 50-day moving average price of $74.11 and a 200 day moving average price of $73.06. Intertek Group has a twelve month low of $63.71 and a twelve month high of $87.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.07 and a quick ratio of 1.05.

Intertek Group Company Profile

Intertek Group Plc engages in the provision of assurance,a testing, inspection and certification services to industries worldwide. It offers services from auditing and inspection, training, advisory, quality assurance and certification. It operates through following segments: Products, Trade, and Resources.

Recommended Story: What does a neutral rating on stocks mean?

Receive News & Ratings for Intertek Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group and related companies with MarketBeat.com's FREE daily email newsletter.