The InterGroup (NASDAQ:INTG) Stock Crosses Below Two Hundred Day Moving Average of $23.14

The InterGroup Co. (NASDAQ:INTG)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $23.14 and traded as low as $21.30. The InterGroup shares last traded at $21.78, with a volume of 4,088 shares.

The InterGroup Stock Performance

The stock has a market cap of $48.88 million, a PE ratio of -3.75 and a beta of 0.29. The company’s 50 day moving average is $21.75 and its 200-day moving average is $23.13.

The InterGroup (NASDAQ:INTG) last released its quarterly earnings results on Friday, February 16th. The financial services provider reported ($0.69) earnings per share (EPS) for the quarter. The company had revenue of $14.32 million for the quarter.

Institutional Investors Weigh In On The InterGroup

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of The InterGroup by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 19,324 shares of the financial services provider’s stock worth $590,000 after purchasing an additional 526 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of The InterGroup in the 4th quarter valued at about $193,000. Jane Street Group LLC boosted its holdings in shares of The InterGroup by 6.1% in the 1st quarter. Jane Street Group LLC now owns 5,477 shares of the financial services provider’s stock valued at $250,000 after buying an additional 314 shares during the period. UBS Group AG boosted its holdings in shares of The InterGroup by 3,033.3% in the 3rd quarter. UBS Group AG now owns 658 shares of the financial services provider’s stock valued at $34,000 after buying an additional 637 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of The InterGroup by 133.6% in the 1st quarter. Tower Research Capital LLC TRC now owns 633 shares of the financial services provider’s stock valued at $29,000 after buying an additional 362 shares during the 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.