Inter & Co, Inc. (NASDAQ:INTR - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $4.27 and last traded at $4.27, with a volume of 99073 shares changing hands. The stock had previously closed at $4.39.
Wall Street Analysts Forecast Growth
Separately, JPMorgan Chase & Co. dropped their target price on shares of Inter & Co, Inc. from $8.50 to $7.20 and set an "overweight" rating for the company in a research report on Friday, December 13th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $7.30.
Get Our Latest Research Report on INTR
Inter & Co, Inc. Stock Down 10.0 %
The business has a 50-day moving average price of $5.78 and a 200 day moving average price of $6.34. The stock has a market capitalization of $1.72 billion, a P/E ratio of 11.29 and a beta of 1.24. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01.
Institutional Investors Weigh In On Inter & Co, Inc.
Several large investors have recently added to or reduced their stakes in the stock. Atom Investors LP bought a new position in shares of Inter & Co, Inc. during the 3rd quarter valued at approximately $71,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Inter & Co, Inc. in the 3rd quarter worth about $91,000. Public Employees Retirement System of Ohio bought a new stake in shares of Inter & Co, Inc. in the 3rd quarter worth about $103,000. Walleye Capital LLC bought a new position in Inter & Co, Inc. during the 3rd quarter valued at about $162,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Inter & Co, Inc. in the 3rd quarter worth about $163,000. 22.90% of the stock is owned by institutional investors.
Inter & Co, Inc. Company Profile
(
Get Free Report)
Inter & Co, Inc, through its subsidiaries, engages in the banking and spending, investments, insurance brokerage businesses. The company's Banking & Spending segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services.
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