SGS SA (OTCMKTS:SGSOY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of SGS SA (OTCMKTS:SGSOY) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company.

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

SGS Stock Performance

SGS stock remained flat at $11.71 during mid-day trading on Friday. 44,634 shares of the company traded hands, compared to its average volume of 71,848. SGS has a one year low of $9.86 and a one year high of $12.76. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.32 and a current ratio of 1.44. The company has a 50 day moving average of $11.13 and a 200 day moving average of $11.40.

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.