INTERTEK GP (OTCMKTS:IKTSY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• INTERTEK GP (OTCMKTS:IKTSY) experienced a significant increase in trading volume, with 16,735 shares exchanged, marking a 180% rise from the prior session.
• The company has recently declared a dividend of $0.7045 per share, which is set to yield 312.0% for investors.
• INTERTEK GP's stock price last traded at $65.60, reflecting a 0.8% decrease from the previous close of $64.89.

INTERTEK GP (OTCMKTS:IKTSY - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 16,735 shares changed hands during trading, an increase of 180% from the previous session's volume of 5,987 shares.The stock last traded at $65.60 and had previously closed at $64.89.

INTERTEK GP Price Performance

The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.31 and a current ratio of 1.34. The company has a 50-day moving average of $64.66 and a 200-day moving average of $64.06.

INTERTEK GP Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Monday, September 15th will be paid a $0.7045 dividend. This represents a dividend yield of 312.0%. The ex-dividend date is Friday, September 12th.

About INTERTEK GP

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.