Intertek Group plc (OTCMKTS:IKTSY) Short Interest Update

Intertek Group plc (OTCMKTS:IKTSY - Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,100 shares, a drop of 97.8% from the March 15th total of 50,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,900 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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

Intertek Group Trading Up 2.2 %

Shares of OTCMKTS IKTSY traded up $1.32 during trading on Friday, reaching $61.11. The company had a trading volume of 5,244 shares, compared to its average volume of 6,575. Intertek Group has a 52 week low of $51.96 and a 52 week high of $69.97. The business's 50 day moving average price is $63.98 and its 200-day moving average price is $62.32. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 0.75.

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.