SGS SA (OTCMKTS:SGSOY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of SGS SA (OTCMKTS:SGSOY) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

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

SGS Price Performance

SGS stock traded up $0.08 during trading hours on Monday, reaching $11.59. 2,247 shares of the stock were exchanged, compared to its average volume of 87,220. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 3.52. The firm’s 50 day moving average is $11.61 and its 200 day moving average is $11.41. SGS has a 52-week low of $9.88 and a 52-week high of $12.76.

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.