Intelligent Group (NASDAQ:INTJ) Shares Down 19% – Time to Sell?

Intelligent Group Limited (NASDAQ:INTJ) was down 19% during mid-day trading on Thursday . The company traded as low as $0.3013 and last traded at $0.3320. Approximately 251,066 shares changed hands during mid-day trading, an increase of 314% from the average daily volume of 60,684 shares. The stock had previously closed at $0.41.

Wall Street Analysts Forecast Growth

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

Intelligent Group Price Performance

The business’s fifty day moving average is $0.54 and its two-hundred day moving average is $0.67.

Institutional Investors Weigh In On Intelligent Group

An institutional investor recently bought a new position in Intelligent Group stock. Citadel Advisors LLC bought a new stake in shares of Intelligent Group Limited (NASDAQ:INTJ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 57,887 shares of the company’s stock, valued at approximately $29,000. Citadel Advisors LLC owned about 0.44% of Intelligent Group as of its most recent filing with the Securities and Exchange Commission.

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.