Intertek Gp (OTCMKTS:IKTSY) Stock Short Interest Report for October

Intertek Gp (OTCMKTS:IKTSY) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 44 shares, a decline of 96.8% from the September 30th total of 1,377 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,699 shares, the short-interest ratio is currently 0.0 days.

Intertek Gp Trading Down 0.1%

Shares of IKTSY opened at $79.36 on Tuesday. The firm has a 50-day moving average price of $78.67 and a 200 day moving average price of $69.49. Intertek Gp has a 52-week low of $47.35 and a 52-week high of $80.35.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded Intertek Gp from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, Intertek Gp has a consensus rating of “Hold”.

Intertek Gp Company Profile

Intertek Group plc is a global provider of quality assurance, testing, inspection and certification services. The company helps businesses assess the safety, quality, performance and compliance of products, materials, processes and systems across their supply chains.

Its services include laboratory testing, product and commodity inspection, certification, auditing, conformity assessment and technical assurance. Intertek serves a broad range of industries, including consumer products, chemicals, energy, construction and engineering, transportation, food, pharmaceuticals and information technology.

Intertek traces its origins to 1885 and has developed into an international testing and assurance organization serving customers through operations across numerous markets worldwide.