Royal Bank of Canada Lowers SGS (OTCMKTS:SGSOY) to Underperform

Royal Bank of Canada downgraded shares of SGS (OTCMKTS:SGSOY) from a sector perform rating to an underperform rating in a research note published on Monday, MarketBeat.com reports.

Separately, BNP Paribas upgraded SGS to a “hold” rating in a research report on Monday, September 30th.

SGS Price Performance

SGSOY stock opened at $10.86 on Monday. The firm has a 50 day moving average of $11.09 and a 200-day moving average of $9.94. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 4.45. SGS has a 12-month low of $7.97 and a 12-month high of $11.54.

SGS Company Profile

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.