Intertek Group (OTCMKTS:IKTSY) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Intertek Group plc (OTCMKTS:IKTSYGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $65.60 and traded as low as $64.54. Intertek Group shares last traded at $64.54, with a volume of 1,268 shares traded.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on IKTSY

Intertek Group Stock Down 8.5 %

The company has a quick ratio of 1.25, a current ratio of 1.27 and a debt-to-equity ratio of 0.75. The company has a fifty day moving average price of $65.51 and a two-hundred day moving average price of $63.18.

About Intertek Group

(Get Free Report)

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.

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