Intelligent Group (NASDAQ:INTJ) Shares Scheduled to Reverse Split on Wednesday, February 4th

Intelligent Group Limited (NASDAQ:INTJ)’s stock is set to reverse split before the market opens on Wednesday, February 4th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, February 3rd.

Intelligent Group Stock Performance

Shares of Intelligent Group stock traded up $0.01 during midday trading on Friday, hitting $0.34. The company had a trading volume of 26,465 shares, compared to its average volume of 95,871. The company has a fifty day simple moving average of $0.54 and a 200 day simple moving average of $0.67. Intelligent Group has a 12-month low of $0.30 and a 12-month high of $1.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Intelligent Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC bought a new stake in Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned 0.44% of Intelligent Group at the end of the most recent reporting period.

About Intelligent Group

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.