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Intertek Group (LON:ITRK) Stock Passes Above 200 Day Moving Average - What's Next?

Intertek Group logo with Industrials background

Intertek Group plc (LON:ITRK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,803.21 ($58.77) and traded as high as GBX 4,900 ($59.95). Intertek Group shares last traded at GBX 4,780 ($58.49), with a volume of 835,876 shares traded.

Analyst Ratings Changes

ITRK has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on Intertek Group from GBX 5,400 ($66.07) to GBX 5,500 ($67.29) and gave the company an "overweight" rating in a report on Thursday, December 5th. Shore Capital raised Intertek Group to a "hold" rating in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of GBX 5,550 ($67.91).

Get Our Latest Research Report on ITRK

Intertek Group Stock Up 2.6 %

The business has a 50-day moving average price of GBX 4,673.73 and a 200 day moving average price of GBX 4,803.13. The company has a current ratio of 1.27, a quick ratio of 1.19 and a debt-to-equity ratio of 100.41. The stock has a market capitalization of £7.90 billion, a P/E ratio of 2,580.00, a P/E/G ratio of 1.99 and a beta of 0.63.

About Intertek Group

(Get Free Report)

Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.

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