Intelligent Group (NASDAQ:INTJ) Trading Down 3.5% – Time to Sell?

Shares of Intelligent Group Limited (NASDAQ:INTJ) were down 3.5% during mid-day trading on Tuesday . The company traded as low as $0.49 and last traded at $0.5281. Approximately 95,906 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 171,730 shares. The stock had previously closed at $0.5470.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Intelligent Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Intelligent Group Price Performance

The company’s 50-day moving average price is $0.53 and its two-hundred day moving average price is $0.73.

Institutional Investors Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC acquired a new position in shares of Intelligent Group Limited (NASDAQ:INTJ) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned 0.44% of Intelligent Group as of its most recent SEC filing.

Intelligent Group Company Profile

Intelligent Group Limited, through its subsidiaries, provides financial public relations services in the Hong Kong. The company offers financial PR services, such as 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.