Intertek Group plc (LON:ITRK - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 4,829.01 ($63.50) and traded as high as GBX 4,950 ($65.09). Intertek Group shares last traded at GBX 4,950 ($65.09), with a volume of 219,598 shares.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on ITRK. Royal Bank of Canada reaffirmed an "outperform" rating and set a GBX 5,200 ($68.38) price objective on shares of Intertek Group in a research note on Thursday, August 15th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 5,500 ($72.32) price objective on shares of Intertek Group in a research report on Wednesday, July 17th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 5,351 ($70.36).
Get Our Latest Stock Analysis on ITRK
Intertek Group Price Performance
The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 100.41. The company has a market capitalization of £7.99 billion, a P/E ratio of 2,611.58, a PEG ratio of 1.92 and a beta of 0.63. The company's fifty day moving average price is GBX 4,785.33 and its 200 day moving average price is GBX 4,829.01.
Intertek Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Thursday, September 12th will be paid a GBX 53.90 ($0.71) dividend. The ex-dividend date is Thursday, September 12th. This represents a dividend yield of 1.09%. Intertek Group's payout ratio is 6,736.84%.
About Intertek Group
(
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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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