Intelligent Group Stock Set to Reverse Split on Tuesday, February 17th (NASDAQ:INTJ)

Intelligent Group Limited (NASDAQ:INTJ) shares are going to reverse split before the market opens on Tuesday, February 17th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 16th.

Intelligent Group Stock Performance

NASDAQ INTJ opened at $0.32 on Friday. Intelligent Group has a one year low of $0.29 and a one year high of $1.70. The company’s 50 day moving average price is $0.49 and its 200 day moving average price is $0.57.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC bought a new stake in shares of Intelligent Group Limited (NASDAQ:INTJ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

Intelligent Group Company Profile

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.