Intertek Gp (OTCMKTS:IKTSY) Short Interest Update

Intertek Gp (OTCMKTS:IKTSY) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,623 shares, a decrease of 60.4% from the June 15th total of 4,099 shares. Based on an average daily volume of 10,510 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Intertek Gp Price Performance

Shares of OTCMKTS:IKTSY opened at $78.17 on Monday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06. Intertek Gp has a 12-month low of $47.35 and a 12-month high of $79.56. The business has a 50 day moving average of $74.59 and a two-hundred day moving average of $64.25.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded Intertek Gp to a “hold” rating in a research note on Monday, May 18th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

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.