SGS (OTCMKTS:SGSOY) Hits New 12-Month High – Should You Buy?

SGS SA (OTCMKTS:SGSOY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $11.63 and last traded at $11.46, with a volume of 513 shares. The stock had previously closed at $11.43.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SGSOY shares. The Goldman Sachs Group raised SGS from a “strong sell” rating to a “neutral” rating in a research report on Thursday, October 9th. BNP Paribas raised shares of SGS from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 5th. Finally, Citigroup reiterated a “buy” rating on shares of SGS in a research note on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.

SGS Stock Performance

The stock’s 50 day simple moving average is $11.23 and its two-hundred day simple moving average is $10.65. The company has a debt-to-equity ratio of 3.83, a current ratio of 1.13 and a quick ratio of 1.01.

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.