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

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

Several brokerages recently weighed in on SGSOY. The Goldman Sachs Group upgraded shares of SGS from a “strong sell” rating to a “neutral” rating in a research report on Thursday, October 9th. Morgan Stanley lowered shares of SGS from an “equal weight” rating to a “cautious” rating in a research note on Tuesday, January 6th. Finally, Citigroup reaffirmed a “buy” rating on shares of SGS in a report on Tuesday, October 28th.

SGS Price Performance

SGSOY stock opened at $11.89 on Friday. SGS has a 1 year low of $8.42 and a 1 year high of $12.00. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 3.83. The stock’s fifty day moving average is $11.36 and its two-hundred day moving average is $10.80.

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.