Intertek Gp (OTCMKTS:IKTSY) Reaches New 12-Month High – Time to Buy?

Intertek Gp (OTCMKTS:IKTSY)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $69.02 and last traded at $68.03, with a volume of 2239 shares changing hands. The stock had previously closed at $66.0750.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane raised shares of Intertek Gp to a “hold” rating in a report on Monday, January 5th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Intertek Gp Price Performance

The company has a debt-to-equity ratio of 1.03, a current ratio of 1.08 and a quick ratio of 1.06. The firm has a fifty day simple moving average of $55.18 and a two-hundred day simple moving average of $60.74.

About Intertek Gp

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.