Intertek Gp (OTCMKTS:IKTSY) Downgraded to “Hold” Rating by Jefferies Financial Group

Intertek Gp (OTCMKTS:IKTSY – Get Free Report) was downgraded by research analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Separately, Kepler Capital Markets raised shares of Intertek Gp to a “hold” rating in a research report on Monday, May 18th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

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Intertek Gp Price Performance

Shares of IKTSY stock opened at $77.80 on Monday. The firm’s 50-day simple moving average is $75.89 and its 200-day simple moving average is $64.93. The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 1.03. Intertek Gp has a 1-year low of $47.35 and a 1-year high of $79.56.

About Intertek Gp

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INTERTEK GP (OTCMKTS: IKTSY) is a global provider of quality assurance, testing, inspection and certification services. The company helps clients across a broad spectrum of industries—ranging from oil and gas to consumer goods and electronics—ensure that their products, processes and operations meet regulatory, safety and performance standards. Its core offerings include laboratory testing, supply chain audits, conformity assessments and technical advisory services designed to support risk management and product integrity.

Intertek’s business is organized around four principal service lines: Assurance, Testing, Inspection and Certification.

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