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

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

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

Intertek Gp Stock Performance

Shares of IKTSY stock opened at $77.80 on Monday. 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 company’s fifty day simple moving average is $75.89 and its 200-day simple moving average is $64.93. Intertek Gp has a 52 week low of $47.35 and a 52 week high of $79.56.

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.