The InterGroup (NASDAQ:INTG) Share Price Crosses Below Two Hundred Day Moving Average of $21.72

The InterGroup Co. (NASDAQ:INTG)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $21.72 and traded as low as $21.20. The InterGroup shares last traded at $21.20, with a volume of 784 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of The InterGroup in a research report on Tuesday, April 30th. They set a “sell” rating on the stock.

The InterGroup Price Performance

The firm has a market capitalization of $46.43 million, a price-to-earnings ratio of -2.97 and a beta of 0.33. The firm has a 50 day moving average price of $21.73 and a 200-day moving average price of $21.72.

The InterGroup (NASDAQ:INTG) last posted its quarterly earnings results on Tuesday, May 14th. The financial services provider reported ($1.44) earnings per share (EPS) for the quarter. The business had revenue of $14.88 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in The InterGroup stock. International Assets Investment Management LLC acquired a new position in shares of The InterGroup Co. (NASDAQ:INTG) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 9,825 shares of the financial services provider’s stock, valued at approximately $193,000. International Assets Investment Management LLC owned about 0.45% of The InterGroup at the end of the most recent quarter. 3.36% of the stock is owned by institutional investors.

The InterGroup Company Profile

The InterGroup Corporation, through its subsidiaries, operates a hotel under the Hilton San Francisco Financial District name located in San Francisco, California. The company operates through three segments: Hotel Operations, Real Estate Operations, and Investment Transactions. Its hotel consists of guest rooms and luxury suites, a restaurant, a lounge, a private dining room, meeting room space, a gym, a grand ballroom, 5-level underground parking garage, a pedestrian bridge, and a Chinese culture center.