Intertek Gp (OTCMKTS:IKTSY) Trading Down 2.4% - What's Next?

Key Points

• Intertek Gp's shares declined by 2.4% to close at $63.11, amidst a trading volume that was 4% lower than average.
• The company recently announced a significant dividend of $1.2528 per share, yielding 296.0%, which is an increase from the previous dividend of $0.66.
• Intertek Gp operates in various sectors, providing quality assurance solutions in industries such as Consumer Products, Health and Safety, and Infrastructure, among others.

Shares of Intertek Gp (OTCMKTS:IKTSY - ) fell 2.4% on Thursday . The company traded as low as $62.66 and last traded at $63.11. 3,246 shares were traded during mid-day trading, a decline of 4% from the average session volume of 3,395 shares. The stock had previously closed at $64.63.

Intertek Gp Stock Down 2.4%

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.10 and a quick ratio of 1.09. The stock has a 50 day simple moving average of $65.16 and a two-hundred day simple moving average of $64.38.

Intertek Gp Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Monday, June 2nd were given a dividend of $1.2528 per share. This represents a yield of 296.0%. This is a positive change from Intertek Gp's previous dividend of $0.66. The ex-dividend date of this dividend was Friday, May 30th.

Intertek Gp Company Profile

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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