Intertek Group (OTCMKTS:IKTSY) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Intertek Group plc (OTCMKTS:IKTSY)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $64.82 and traded as low as $64.49. Intertek Group shares last traded at $64.49, with a volume of 4,278 shares.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of Intertek Group from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, January 24th.

Intertek Group Trading Down 0.1 %

The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.25 and a current ratio of 1.27. The company’s 50 day simple moving average is $64.82 and its two-hundred day simple moving average is $63.28.

About Intertek Group

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.