Intertek Group (OTCMKTS:IKTSY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Intertek Group plc (OTCMKTS:IKTSY)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $61.52 and traded as high as $68.22. Intertek Group shares last traded at $68.22, with a volume of 1,874 shares.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on IKTSY shares. Royal Bank of Canada cut Intertek Group from an “outperform” rating to a “sector perform” rating in a report on Monday, October 21st. Barclays upgraded Intertek Group from a “strong sell” rating to a “strong-buy” rating in a report on Friday, January 24th.

Intertek Group Price Performance

The stock has a fifty day simple moving average of $61.52 and a two-hundred day simple moving average of $62.49. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.27 and a quick ratio of 1.25.

Intertek Group Company Profile

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.