Intertek Group (OTCMKTS:IKTSY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Intertek Group plc (OTCMKTS:IKTSYGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $60.60 and traded as low as $59.53. Intertek Group shares last traded at $60.18, with a volume of 1,675 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group raised Intertek Group to a “strong-buy” rating in a research note on Friday, October 11th. Royal Bank of Canada lowered Intertek Group from an “outperform” rating to a “sector perform” rating in a research report on Monday, October 21st.

Get Our Latest Stock Analysis on IKTSY

Intertek Group Stock Up 1.3 %

The firm’s 50 day moving average is $60.60 and its 200 day moving average is $62.34.

About Intertek Group

(Get Free Report)

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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