Intelligent Group (NASDAQ:INTJ) Trading 4.7% Higher – Should You Buy?

Intelligent Group Limited (NASDAQ:INTJ)’s share price was up 4.7% during mid-day trading on Wednesday . The stock traded as high as $0.6220 and last traded at $0.6076. Approximately 53,480 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 98,121 shares. The stock had previously closed at $0.5802.

Wall Street Analyst Weigh In

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

Intelligent Group Stock Up 4.7%

The firm has a fifty day simple moving average of $0.53 and a 200 day simple moving average of $0.73.

Institutional Inflows and Outflows

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

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.