Intertek Gp (OTCMKTS:IKTSY) Reaches New 1-Year High – Here’s Why

Intertek Gp (OTCMKTS:IKTSY)’s stock price hit a new 52-week high on Monday . The company traded as high as $80.35 and last traded at $80.35, with a volume of 233 shares. The stock had previously closed at $78.9940.

Analysts Set New Price Targets

IKTSY has been the topic of a number of analyst reports. Kepler Capital Markets raised Intertek Gp to a “hold” rating in a report on Monday, May 18th. Jefferies Financial Group cut Intertek Gp from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Intertek Gp presently has a consensus rating of “Hold”.

Intertek Gp Price Performance

The firm has a 50-day moving average price of $78.16 and a two-hundred day moving average price of $68.23. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06.

About Intertek Gp

INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.