The InterGroup (NASDAQ:INTG) Earns Sell Rating from Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of The InterGroup (NASDAQ:INTG) in a research report issued on Tuesday. The brokerage set a “sell” rating on the financial services provider’s stock.

The InterGroup Stock Performance

Shares of NASDAQ INTG traded down $1.05 during midday trading on Tuesday, reaching $20.63. The stock had a trading volume of 8,007 shares, compared to its average volume of 5,125. The stock has a 50-day moving average of $21.74 and a 200-day moving average of $22.60. The company has a market capitalization of $44.97 million, a price-to-earnings ratio of -3.51 and a beta of 0.29. The InterGroup has a 12-month low of $16.27 and a 12-month high of $38.73.

The InterGroup (NASDAQ:INTG) last announced its quarterly earnings data on Friday, February 16th. The financial services provider reported ($0.69) earnings per share (EPS) for the quarter. The firm had revenue of $14.32 million for the quarter.

Institutional Trading of The InterGroup

An institutional investor recently bought a new position in The InterGroup stock. International Assets Investment Management LLC bought a new position in The InterGroup Co. (NASDAQ:INTG) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 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 as of its most recent SEC filing. 3.36% of the stock is currently owned by institutional investors and hedge funds.

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.