What Is Pushing The inTEST (INTT) Stock Price Up Today?

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The stock of inTEST Corporation (NYSE:INTT) was trading at $16.95 in current market at the time of writing. inTEST stock closed previous session at $14.63. Over the last year, INTT stock has gained 347.40%, and over the last week, it has fallen by -2.86%. INTT stock has been rising after appointing a new Chief Financial Officer.

INTT has appointed whom?

inTEST is a global provider of innovative test and process solutions for use across many different industries. These include automotive, aerospace, electronics, medical, semiconductors, and telecommunications.

INTT builds robust cash flow and profits for its customers while solving thermal, mechanical, and electronic challenges backed by decades of engineering expertise. Through digital integration and acquisition of complementary businesses, INTT is able to maximize its business operations and build value for shareholders.

After close of the market on Friday, inTEST announced the appointment of Duncan Gilmour as Chief Financial Officer, Treasurer and Secretary, effective June 14, 2021.

Hugh T. Regan Jr., who retired from INTT after 25 years of service, will be succeeded by Mr. Gilmour. Mr. Regan has agreed to provide consulting services to INTT for some time.

From INTT’s perspective:

Mr. Gilmour will oversee INTT’s global finance organization and finance activities as CFO. inTEST (INTT) see Duncan’s appointment as driving forward the company’s vision and growth strategy.

 

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