Intertek Gp (OTCMKTS:IKTSY) Shares Up 0.5% - What's Next?

Key Points

• Intertek Gp's shares saw a slight increase of 0.5%, trading at $68.05, with volume remaining consistent compared to the average.
• The company has announced a dividend of $0.7045, which represents an exceptionally high dividend yield of 312.0%, set to be paid on October 22nd.
• Intertek Group plc specializes in providing quality assurance solutions across multiple industries globally, with operations divided into five key segments.

Shares of Intertek Gp (OTCMKTS:IKTSY - ) rose 0.5% during mid-day trading on Monday . The stock traded as high as $68.17 and last traded at $68.05. Approximately 3,945 shares traded hands during trading, an increase of 0% from the average daily volume of 3,938 shares. The stock had previously closed at $67.68.

Intertek Gp Price Performance

The stock has a 50-day moving average of $64.25 and a two-hundred day moving average of $64.00. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.31 and a current ratio of 1.34.

Intertek Gp Cuts Dividend

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

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