The InterGroup (NASDAQ:INTG) Share Price Passes Below 200 Day Moving Average of $23.14

The InterGroup Co. (NASDAQ:INTG) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.14 and traded as low as $21.30. The InterGroup shares last traded at $21.78, with a volume of 4,088 shares changing hands.

The InterGroup Stock Performance

The business’s fifty day moving average is $21.74 and its 200-day moving average is $23.14. The firm has a market cap of $48.35 million, a P/E ratio of -3.71 and a beta of 0.29.

The InterGroup (NASDAQ:INTG) last issued its quarterly earnings data on Friday, February 16th. The financial services provider reported ($0.69) earnings per share (EPS) for the quarter. The company had revenue of $14.32 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in INTG. UBS Group AG raised its holdings in The InterGroup by 3,033.3% in the 3rd quarter. UBS Group AG now owns 658 shares of the financial services provider’s stock valued at $34,000 after buying an additional 637 shares during the last quarter. Jane Street Group LLC bought a new position in The InterGroup during the 3rd quarter worth approximately $201,000. Tower Research Capital LLC TRC raised its holdings in The InterGroup by 133.6% during the 1st quarter. Tower Research Capital LLC TRC now owns 633 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 362 shares during the last quarter. Vanguard Group Inc. raised its holdings in The InterGroup by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 19,324 shares of the financial services provider’s stock worth $590,000 after purchasing an additional 526 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in The InterGroup during the 4th quarter worth approximately $193,000. Institutional investors own 3.36% of the company’s stock.

The InterGroup Company Profile

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.