The InterGroup (NASDAQ:INTG) Share Price Passes Below 200 Day Moving Average of $23.14

Shares of The InterGroup Co. (NASDAQ:INTG) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $23.14 and traded as low as $21.30. The InterGroup shares last traded at $21.78, with a volume of 4,088 shares trading hands.

The InterGroup Stock Down 3.9 %

The company has a 50-day simple moving average of $21.74 and a two-hundred day simple moving average of $23.14. The stock has a market cap of $48.35 million, a P/E ratio of -3.71 and a beta of 0.29.

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

Hedge Funds Weigh In On The InterGroup

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of The InterGroup by 2.8% during the third quarter. Vanguard Group Inc. now owns 19,324 shares of the financial services provider’s stock valued at $590,000 after acquiring an additional 526 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of The InterGroup by 6.1% during the first quarter. Jane Street Group LLC now owns 5,477 shares of the financial services provider’s stock valued at $250,000 after acquiring an additional 314 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of The InterGroup during the fourth quarter valued at approximately $193,000. UBS Group AG raised its holdings in shares of The InterGroup by 3,033.3% during the third quarter. UBS Group AG now owns 658 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 637 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of The InterGroup by 133.6% during the first quarter. Tower Research Capital LLC TRC now owns 633 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 362 shares in the last quarter. Institutional investors own 3.36% of the company’s stock.

About The InterGroup

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.