Intertek Gp (OTCMKTS:IKTSY) Sees Strong Trading Volume – Here’s What Happened

Shares of Intertek Gp (OTCMKTS:IKTSY) saw unusually-high trading volume on Thursday . Approximately 30,257 shares changed hands during trading, an increase of 220% from the previous session’s volume of 9,455 shares.The stock last traded at $60.45 and had previously closed at $60.9896.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane raised Intertek Gp to a “hold” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Intertek Gp Price Performance

The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.31 and a current ratio of 1.34. The business’s 50 day simple moving average is $62.02 and its two-hundred day simple moving average is $63.90.

Intertek Gp Company Profile

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.