The InterGroup (NASDAQ:INTG) Share Price Passes Below 200 Day Moving Average of $22.87

The InterGroup Co. (NASDAQ:INTG) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.87 and traded as low as $19.39. The InterGroup shares last traded at $20.78, with a volume of 7,985 shares traded.

The InterGroup Trading Up 4.7 %

The company has a market capitalization of $45.30 million, a P/E ratio of -3.54 and a beta of 0.29. The business’s fifty day moving average price is $21.72 and its 200-day moving average price is $22.87.

The InterGroup (NASDAQ:INTG) last posted 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.

Hedge Funds Weigh In On 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 the company in its most recent filing with the SEC. The firm bought 9,825 shares of the financial services provider’s stock, valued at approximately $193,000. International Assets Investment Management LLC owned 0.45% of The InterGroup as of its most recent SEC filing. 3.36% of the stock is owned by hedge funds and other 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.