Intergroup’s (INTG) “Sell (D-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (d-) rating on shares of Intergroup (NASDAQ:INTG) in a research note released on Tuesday,Weiss Ratings reports.

Intergroup Stock Performance

NASDAQ INTG opened at $31.51 on Tuesday. The stock has a market capitalization of $67.75 million, a P/E ratio of -12.76 and a beta of 0.15. Intergroup has a 1 year low of $9.57 and a 1 year high of $40.99. The business’s fifty day moving average is $17.95 and its two-hundred day moving average is $14.23.

Intergroup (NASDAQ:INTG) last posted its quarterly earnings results on Tuesday, September 30th. The financial services provider reported ($0.76) earnings per share (EPS) for the quarter. The business had revenue of $16.21 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Intergroup stock. Qube Research & Technologies Ltd raised its position in shares of The Intergroup Corporation (NASDAQ:INTG) by 11.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,795 shares of the financial services provider’s stock after purchasing an additional 2,636 shares during the quarter. Qube Research & Technologies Ltd owned 1.15% of Intergroup worth $298,000 at the end of the most recent quarter. Institutional investors and hedge funds own 3.36% of the company’s stock.

About Intergroup

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.