Intelligent Group Limited’s (NASDAQ:INTJ) Quiet Period Set To End on April 29th

Intelligent Group’s (NASDAQ:INTJ) quiet period is set to end on Monday, April 29th. Intelligent Group had issued 1,875,000 shares in its initial public offering on March 20th. The total size of the offering was $7,500,000 based on an initial share price of $4.00. During the company’s quiet period, insiders and underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Intelligent Group Stock Down 5.0 %

NASDAQ INTJ opened at $1.32 on Friday. Intelligent Group has a fifty-two week low of $1.32 and a fifty-two week high of $7.87. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.16.

About Intelligent Group

Intelligent Group Limited, through its subsidiaries, provides financial public relations services. Its financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.