Intelligent Group (NASDAQ:INTJ) Stock Price Up 5.1% – Time to Buy?

Intelligent Group Limited (NASDAQ:INTJ)’s stock price shot up 5.1% on Friday. The stock traded as high as $3.19 and last traded at $2.9950. Approximately 3,106 shares traded hands during trading, a decline of 84% from the average session volume of 19,036 shares. The stock had previously closed at $2.85.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Intelligent Group in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Intelligent Group Trading Up 5.1%

The business’s 50-day simple moving average is $3.02 and its 200 day simple moving average is $5.21.

Intelligent Group (NASDAQ:INTJ) last released its quarterly earnings results on Friday, October 9th. The company reported $0.11 EPS for the quarter. The company had revenue of $0.99 million during the quarter.

Intelligent Group Company Profile

Intelligent Group Limited (NASDAQ: INTJ) is a Hong Kong-based recruitment and human resources services company. Through its operating subsidiaries, the company provides talent acquisition and employment-related services to businesses seeking to recruit and manage personnel.

Its service offerings include recruitment and placement support for permanent and temporary positions, as well as other staffing and human resources solutions. The company serves corporate clients across a range of industries and focuses primarily on the Hong Kong market.

Intelligent Group Limited is incorporated in the Cayman Islands and conducts its principal operating activities through subsidiaries in Hong Kong.