Intergroup (NASDAQ:INTG) Posts Earnings Results

Intergroup (NASDAQ:INTG) released its quarterly earnings results on Wednesday. The financial services provider reported ($0.25) EPS for the quarter, FiscalAI reports. The firm had revenue of $17.91 million for the quarter.

Intergroup Price Performance

Shares of NASDAQ:INTG traded up $0.23 during mid-day trading on Friday, reaching $34.24. 12,471 shares of the company were exchanged, compared to its average volume of 5,178. Intergroup has a 1 year low of $9.57 and a 1 year high of $42.50. The firm’s 50-day simple moving average is $26.78 and its 200 day simple moving average is $17.43. The firm has a market cap of $73.75 million, a price-to-earnings ratio of -13.86 and a beta of 0.22.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Intergroup in a research report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Intergroup

An institutional investor recently raised its position in Intergroup stock. Qube Research & Technologies Ltd lifted its position in The Intergroup Corporation (NASDAQ:INTG) by 11.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,795 shares of the financial services provider’s stock after buying an additional 2,636 shares during the quarter. Qube Research & Technologies Ltd owned approximately 1.15% of Intergroup worth $298,000 at the end of the most recent reporting period. 3.36% of the stock is currently owned by institutional investors.

About Intergroup

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.