Short Interest in Intertek Group plc (OTCMKTS:IKTSY) Drops By 19.0%

Intertek Group plc (OTCMKTS:IKTSY) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 1,700 shares, a decline of 19.0% from the January 31st total of 2,100 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, Barclays raised Intertek Group from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, January 24th.

Intertek Group Stock Performance

Shares of OTCMKTS:IKTSY traded up $2.60 during trading hours on Tuesday, hitting $67.15. 767 shares of the company’s stock traded hands, compared to its average volume of 2,918. Intertek Group has a 52 week low of $55.84 and a 52 week high of $69.79. The company’s fifty day simple moving average is $63.00 and its two-hundred day simple moving average is $63.02. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.25 and a current ratio of 1.27.

Intertek Group Company Profile

Intertek Group plc engages in the provision of quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally. The company operates in five segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy.