The InterGroup (NASDAQ:INTG) Stock Price Passes Below 200 Day Moving Average of $20.70

The InterGroup Co. (NASDAQ:INTG)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.70 and traded as low as $16.10. The InterGroup shares last traded at $16.21, with a volume of 7,218 shares changing hands.

The InterGroup Trading Up 1.2 %

The business’s 50 day moving average price is $18.74 and its 200-day moving average price is $20.66. The company has a market cap of $35.89 million, a price-to-earnings ratio of -2.30 and a beta of 0.32.

Institutional Inflows and Outflows

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC increased its position in The InterGroup Co. (NASDAQ:INTG) by 2.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 330,688 shares of the financial services provider’s stock after purchasing an additional 7,859 shares during the period. PFG Investments LLC owned 15.12% of The InterGroup worth $6,825,000 at the end of the most recent reporting period. 3.36% of the stock is owned by institutional investors.

About The InterGroup

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.