Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 50,800 shares, a growth of 1,273.0% from the February 28th total of 3,700 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.0% of the company’s stock are sold short.

Intertek Group Price Performance

IKTSY stock traded up $0.82 during trading on Thursday, reaching $64.88. The company had a trading volume of 13,058 shares, compared to its average volume of 5,375. The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 0.75. Intertek Group has a twelve month low of $55.84 and a twelve month high of $69.97. The firm has a 50-day simple moving average of $65.14 and a 200-day simple moving average of $63.26.

Analyst Ratings Changes

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

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.