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

SGS SA (OTCMKTS:SGSOY) has earned an average rating of “Moderate Buy” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and three have given a strong buy recommendation to the company.

A number of equities analysts have recently weighed in on SGSOY shares. Oddo Bhf raised SGS to an “outperform” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada raised shares of SGS from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, May 5th. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SGS in a research note on Monday, April 27th.

SGS Trading Up 0.3%

Shares of OTCMKTS:SGSOY opened at $11.63 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.32 and a debt-to-equity ratio of 3.52. SGS has a 52-week low of $9.86 and a 52-week high of $12.76. The business’s 50 day simple moving average is $11.21 and its two-hundred day simple moving average is $11.42.

About SGS

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.