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

SGS SA (OTCMKTS:SGSOY) has been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

Several research analysts recently issued reports on the stock. Oddo Bhf upgraded shares of SGS to an “outperform” rating in a research note on Tuesday, May 26th. Royal Bank Of Canada reissued a “sector perform” rating on shares of SGS in a research note on Monday, July 27th. Citigroup restated a “buy” rating on shares of SGS in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SGS in a research report on Monday, April 27th. Finally, Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a research report on Monday, May 18th.

SGS Stock Performance

Shares of SGS stock opened at $12.09 on Thursday. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.44 and a quick ratio of 1.32. The business has a fifty day simple moving average of $11.50 and a two-hundred day simple moving average of $11.43. SGS has a 12 month low of $9.88 and a 12 month high of $12.76.

About SGS

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.