SGS SA (OTCMKTS:SGSOY) Receives Average Rating of “Moderate Buy” from Brokerages

SGS SA (OTCMKTS:SGSOY) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

Several research firms recently commented on SGSOY. Oddo Bhf upgraded shares of SGS to an “outperform” rating in a research report on Tuesday, May 26th. Citigroup reissued a “buy” rating on shares of SGS in a research report on Monday, July 27th. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of SGS in a research note on Monday, July 27th.

SGS Stock Performance

OTCMKTS SGSOY opened at $11.50 on Monday. The company has a fifty day moving average of $11.64 and a two-hundred day moving average of $11.38. SGS has a 1 year low of $9.88 and a 1 year high of $12.76. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.32 and a current ratio of 1.44.

SGS Company Profile

SGS SA is a Switzerland-based multinational company that provides inspection, verification, testing and certification services. Established in the late 19th century, SGS has grown into a global provider of conformity assessment services that help businesses manage risk, ensure quality and meet regulatory requirements across product lifecycles and supply chains. The company’s services are designed to verify that products, systems and processes meet specified standards and customer expectations.

Core activities include laboratory testing, on-site inspections, certification of management systems and product conformity, supply chain audits and technical verification.