Short Interest in Intertek Gp (OTCMKTS:IKTSY) Decreases By 73.6%
by Doug Wharley · The Cerbat GemIntertek Gp (OTCMKTS:IKTSY – Get Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 2,980 shares, a decrease of 73.6% from the December 15th total of 11,281 shares. Based on an average daily volume of 53,728 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 53,728 shares, the days-to-cover ratio is currently 0.1 days.
Intertek Gp Price Performance
IKTSY stock traded down $0.37 during trading on Wednesday, reaching $62.31. The company’s stock had a trading volume of 7,301 shares, compared to its average volume of 6,832. The company’s fifty day moving average is $63.22 and its 200-day moving average is $64.57. The company has a current ratio of 1.34, a quick ratio of 1.31 and a debt-to-equity ratio of 0.94. Intertek Gp has a 1 year low of $51.96 and a 1 year high of $69.97.
Analyst Upgrades and Downgrades
Separately, BNP Paribas upgraded shares of Intertek Gp to a “hold” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy”.
View Our Latest Stock Report on Intertek Gp
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.