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

Shares of 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 changing hands.

The InterGroup Stock Up 4.7 %

The firm has a market capitalization of $45.30 million, a PE ratio of -3.54 and a beta of 0.29. The stock’s fifty day simple moving average is $21.72 and its 200 day simple moving average is $22.87.

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 business had revenue of $14.32 million for the quarter.

Institutional Trading of The InterGroup

A hedge fund recently bought a new stake in The InterGroup stock. International Assets Investment Management LLC acquired a new position in The InterGroup Co. (NASDAQ:INTG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,825 shares of the financial services provider’s stock, valued at approximately $193,000. International Assets Investment Management LLC owned approximately 0.45% of The InterGroup at the end of the most recent reporting period. 3.36% of the stock is currently owned by institutional investors.

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.