SGS SA (OTCMKTS:SGSOY) Receives Average Recommendation of “Moderate Buy” from Brokerages

SGS SA (OTCMKTS:SGSOY) has earned an average rating of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and three have issued a strong buy rating on the company.

SGSOY has been the topic of a number of recent analyst reports. Morgan Stanley downgraded shares of SGS from an “equal weight” rating to a “cautious” rating in a research note on Tuesday, January 6th. The Goldman Sachs Group upgraded SGS from a “strong sell” rating to a “neutral” rating in a report on Thursday, October 9th. Finally, Citigroup restated a “buy” rating on shares of SGS in a research note on Tuesday, October 28th.

SGS Price Performance

Shares of SGSOY stock opened at $11.91 on Friday. The firm’s 50-day simple moving average is $11.35 and its 200-day simple moving average is $10.79. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 3.83. SGS has a 1-year low of $8.42 and a 1-year high of $12.00.

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.