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

Shares of SGS SA (OTCMKTS:SGSOY) have been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and four have given a strong buy rating to the company.

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada raised shares of SGS from an “underperform” rating to a “sector perform” rating in a report on Tuesday, May 5th. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a report on Monday, May 18th. Citigroup reaffirmed a “buy” rating on shares of SGS in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SGS in a report on Monday, April 27th. Finally, Oddo Bhf raised shares of SGS to an “outperform” rating in a report on Tuesday, May 26th.

SGS Stock Performance

Shares of OTCMKTS SGSOY opened at $11.24 on Wednesday. The firm’s 50-day moving average price is $11.00 and its 200-day moving average price is $11.38. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 3.52. SGS has a 52-week low of $9.80 and a 52-week high of $12.76.

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.