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

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

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

SGS Stock Performance

OTCMKTS SGSOY traded up $0.08 during midday trading on Monday, hitting $11.59. The company had a trading volume of 2,247 shares, compared to its average volume of 87,220. SGS has a fifty-two week low of $9.88 and a fifty-two week 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. The firm has a fifty day simple moving average of $11.61 and a two-hundred day simple moving average of $11.41.

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.