Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $6.53, but opened at $7.35. Inter & Co. Inc. shares last traded at $7.04, with a volume of 477,778 shares.
Inter & Co. Inc. Stock Up 10.8%
The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average of $7.03 and a 200-day moving average of $6.21. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 0.35 and a beta of 1.12.
Inter & Co. Inc. (NASDAQ:INTR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported $0.13 EPS for the quarter, meeting the consensus estimate of $0.13. Inter & Co. Inc. had a net margin of 11.87% and a return on equity of 10.88%. As a group, sell-side analysts forecast that Inter & Co. Inc. will post 0.48 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in INTR. Summit Securities Group LLC increased its position in shares of Inter & Co. Inc. by 1,375.1% during the 1st quarter. Summit Securities Group LLC now owns 9,072 shares of the company's stock valued at $50,000 after purchasing an additional 8,457 shares during the period. D. E. Shaw & Co. Inc. bought a new stake in Inter & Co. Inc. in the fourth quarter worth about $60,000. Prudential PLC lifted its holdings in Inter & Co. Inc. by 27.0% in the 4th quarter. Prudential PLC now owns 18,539 shares of the company's stock valued at $78,000 after acquiring an additional 3,937 shares during the last quarter. Voya Investment Management LLC boosted its position in shares of Inter & Co. Inc. by 79.8% during the 4th quarter. Voya Investment Management LLC now owns 18,544 shares of the company's stock valued at $78,000 after purchasing an additional 8,230 shares in the last quarter. Finally, Talon Private Wealth LLC acquired a new position in shares of Inter & Co. Inc. in the 4th quarter worth approximately $83,000. Institutional investors and hedge funds own 22.90% of the company's stock.
About Inter & Co. Inc.
(
Get Free Report)
Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.
Further Reading
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