inTEST Co. (NYSE:INTT - Get Free Report)'s share price was up 1.5% on Friday . The company traded as high as $8.56 and last traded at $8.56. Approximately 28,517 shares were traded during trading, a decline of 12% from the average daily volume of 32,471 shares. The stock had previously closed at $8.43.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Northland Securities upped their price target on inTEST from $13.00 to $16.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 8th. Northland Capmk raised inTEST from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 2nd.
Check Out Our Latest Analysis on INTT
inTEST Stock Performance
The business has a 50-day moving average price of $8.56 and a 200-day moving average price of $7.68. The firm has a market capitalization of $105.97 million, a price-to-earnings ratio of 37.22 and a beta of 1.84. The company has a quick ratio of 1.38, a current ratio of 2.26 and a debt-to-equity ratio of 0.08.
Hedge Funds Weigh In On inTEST
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INTT. Royce & Associates LP raised its stake in inTEST by 9.9% in the 3rd quarter. Royce & Associates LP now owns 1,219,157 shares of the company's stock worth $8,900,000 after acquiring an additional 110,078 shares during the last quarter. Bard Associates Inc. raised its stake in inTEST by 2.1% in the 3rd quarter. Bard Associates Inc. now owns 199,170 shares of the company's stock worth $1,454,000 after acquiring an additional 4,105 shares during the last quarter. XTX Topco Ltd purchased a new position in inTEST in the 3rd quarter worth $120,000. Geode Capital Management LLC raised its stake in inTEST by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 131,106 shares of the company's stock worth $957,000 after acquiring an additional 8,161 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in inTEST by 42.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,481 shares of the company's stock worth $274,000 after acquiring an additional 11,102 shares during the last quarter. Hedge funds and other institutional investors own 63.18% of the company's stock.
About inTEST
(
Get Free Report)
inTEST Corporation provides test and process technology solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through three segments: Electronic Test, Environmental Technologies, and Process Technologies.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider inTEST, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and inTEST wasn't on the list.
While inTEST currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
