The InterGroup (NASDAQ:INTG) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

The InterGroup Co. (NASDAQ:INTG) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.39 and traded as low as $12.57. The InterGroup shares last traded at $12.57, with a volume of 424 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on The InterGroup in a report on Tuesday, March 11th. They set a “hold” rating on the stock.

The InterGroup Price Performance

The company has a market cap of $27.09 million, a price-to-earnings ratio of -2.74 and a beta of 0.29. The stock has a 50-day moving average price of $13.24 and a 200 day moving average price of $14.39.

The InterGroup (NASDAQ:INTG) last announced its earnings results on Friday, February 14th. The financial services provider reported ($1.26) earnings per share (EPS) for the quarter. The company had revenue of $14.44 million during the quarter.

Insiders Place Their Bets

In other news, Director John C. Love sold 10,485 shares of The InterGroup stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $14.25, for a total transaction of $149,411.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 81.90% of the company’s stock.

Institutional Trading of The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC boosted its position in The InterGroup Co. (NASDAQ:INTG) by 0.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 343,949 shares of the financial services provider’s stock after purchasing an additional 1,959 shares during the quarter. PFG Investments LLC owned about 15.85% of The InterGroup worth $4,908,000 at the end of the most recent reporting period. Institutional investors own 3.36% of the company’s stock.

The InterGroup Company Profile

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.