SGS Ltd (SGSOY) Receives Average Rating of “Hold” from Brokerages
Shares of SGS Ltd (NASDAQ:SGSOY) have been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.
Zacks has also given SGS an industry rank of 114 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of SGS from a “buy” rating to a “sell” rating in a research note on Wednesday, September 14th.
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SGS (NASDAQ:SGSOY) traded up 1.60% during trading on Wednesday, reaching $21.54. The company’s stock had a trading volume of 4,154 shares. SGS has a one year low of $17.50 and a one year high of $23.62. The company has a 50-day moving average of $22.06 and a 200 day moving average of $22.04. The firm has a market cap of $16.36 billion and a PE ratio of 27.09.
SGS SA is a Switzerland-based company that provides inspection, verification, testing and certification services. Inspection comprises checking the condition and weight of traded goods at transshipment, quality and quantity control, and compliance with regulatory requirements. Testing services are provided through a global network of testing facilities and test the quality, safety and performance of products against health, safety and regulatory standards.
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