INTERTEK GP (OTCMKTS:IKTSY) Shares Up 1% - Here's What Happened

Key Points

• The stock price of Intertek Gp (OTCMKTS: IKTSY) rose by 1%, closing at $63.50 after hitting a high of $64.08 during trading.
• Approximately 2,980 shares were traded, which represents a 9% increase from the average daily volume.
• Intertek Group plc provides quality assurance solutions across various sectors, operating in five segments including Consumer Products and Health and Safety globally.

INTERTEK GP (OTCMKTS:IKTSY - Get Free Report) rose 1% on Thursday . The stock traded as high as $64.08 and last traded at $63.50. Approximately 2,980 shares traded hands during mid-day trading, an increase of 9% from the average daily volume of 2,733 shares. The stock had previously closed at $62.90.

INTERTEK GP Price Performance

The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 0.51. The stock has a fifty day moving average price of $64.94 and a 200-day moving average price of $64.23.

INTERTEK GP Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Monday, September 15th will be given a dividend of $0.7045 per share. This represents a 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.