Intertek Gp (OTCMKTS:IKTSY) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Intertek Gp (OTCMKTS:IKTSY)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $62.70 and traded as low as $60.98. Intertek Gp shares last traded at $61.49, with a volume of 4,899 shares traded.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded Intertek Gp to a “hold” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Intertek Gp presently has an average rating of “Buy”.

Intertek Gp Trading Down 0.5%

The company has a quick ratio of 1.31, a current ratio of 1.34 and a debt-to-equity ratio of 0.94. The stock has a fifty day moving average price of $62.70 and a 200-day moving average price of $64.43.

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.