Intelligent Group (NASDAQ:INTJ) Trading Down 19% – What’s Next?

Intelligent Group Limited (NASDAQ:INTJ) shares fell 19% during mid-day trading on Thursday . The company traded as low as $0.3013 and last traded at $0.3320. 251,066 shares changed hands during mid-day trading, an increase of 314% from the average session volume of 60,684 shares. The stock had previously closed at $0.41.

Wall Street Analyst Weigh In

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

Intelligent Group Trading Down 19.0%

The stock has a 50 day moving average of $0.54 and a 200-day moving average of $0.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Intelligent Group stock. Citadel Advisors LLC purchased a new position in Intelligent Group Limited (NASDAQ:INTJ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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.