The InterGroup (NASDAQ:INTG) Stock Passes Below 200 Day Moving Average of $20.48

The InterGroup Co. (NASDAQ:INTG) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $20.48 and traded as low as $14.65. The InterGroup shares last traded at $15.26, with a volume of 3,656 shares traded.

The InterGroup Stock Performance

The firm’s fifty day simple moving average is $18.07 and its 200 day simple moving average is $20.48. The firm has a market cap of $33.37 million, a P/E ratio of -2.13 and a beta of 0.32.

Hedge Funds Weigh In On The InterGroup

An institutional investor recently raised its position in The InterGroup stock. PFG Investments LLC grew its position in The InterGroup Co. (NASDAQ:INTG) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 330,688 shares of the financial services provider’s stock after buying an additional 7,859 shares during the quarter. 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 currently owned by hedge funds and other 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.