SGS Ltd (SGSOY) Upgraded to Hold at Zacks Investment Research
SGS Ltd (NASDAQ:SGSOY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
According to Zacks, “SGS SA is an inspection, verification, testing and certification company. The Company provides specialized business solutions that improve quality, safety, productivity and reduces risk. Its portfolio of services includes agricultural services, minerals services, oil, gas and chemicals services, life science services, consumer testing services, systems and services certification, industrial services, environmental services, automotive services, government and institutions services. SGS SA is headquartered in Geneva, Switzerland. “
Shares of SGS (NASDAQ:SGSOY) traded up 0.41% during trading on Tuesday, hitting $22.13. The stock had a trading volume of 31,204 shares. The stock has a 50-day moving average of $22.20 and a 200 day moving average of $21.83. The firm has a market cap of $16.80 billion and a price-to-earnings ratio of 27.80. SGS has a 12-month low of $16.90 and a 12-month high of $23.62.
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SGS SA is a Swiss company that, through its subsidiaries, is engaged in the provision of inspection and inspection services, verification, testing, certification and quality assurance services, as well as risk management services, technical consultancy and training services. The Company organizes its activities in 10 segments: Agricultural; Minerals; Oil, Gas and Chemicals; Life Science; Consumer Testing; Systems and Services Certification; Industrial; Environmental; Automotive and Governments and Institutions.
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