Intelligent Group Stock Set to Reverse Split on Wednesday, February 4th (NASDAQ:INTJ)

Intelligent Group Limited (NASDAQ:INTJ)’s stock is scheduled to reverse split on Wednesday, February 4th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, February 3rd.

Intelligent Group Price Performance

Shares of NASDAQ INTJ opened at $0.40 on Friday. The firm has a fifty day moving average of $0.52 and a 200-day moving average of $0.63. Intelligent Group has a 52-week low of $0.30 and a 52-week high of $1.70.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Intelligent Group in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Intelligent Group presently has an average rating of “Sell”.

Hedge Funds Weigh In On Intelligent Group

A hedge fund recently bought a new stake in Intelligent Group stock. Citadel Advisors LLC bought a new position in Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned about 0.44% of Intelligent Group at the end of the most recent quarter.

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.