SGS SA (OTCMKTS:SGSOY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

SGS SA (OTCMKTS:SGSOY) has earned an average recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of research analysts recently weighed in on the company. The Goldman Sachs Group upgraded SGS from a “strong sell” rating to a “neutral” rating in a report on Thursday, October 9th. Citigroup restated a “buy” rating on shares of SGS in a report on Tuesday, October 28th. Finally, Morgan Stanley cut shares of SGS from an “equal weight” rating to a “cautious” rating in a research report on Tuesday, January 6th.

SGS Trading Up 1.7%

Shares of SGSOY opened at $11.95 on Thursday. SGS has a fifty-two week low of $8.42 and a fifty-two week high of $12.35. The company’s fifty day moving average is $11.55 and its two-hundred day moving average is $10.95. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 3.83.

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.