Intertek Group (OTCMKTS:IKTSY) Shares Pass Below Fifty Day Moving Average – What’s Next?

Intertek Group plc (OTCMKTS:IKTSY)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $64.82 and traded as low as $64.49. Intertek Group shares last traded at $64.49, with a volume of 4,278 shares.

Wall Street Analyst Weigh In

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

Intertek Group Price Performance

The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 0.75. The business has a fifty day moving average of $64.82 and a 200 day moving average of $63.27.

About Intertek Group

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.