SGS SA (OTCMKTS:SGSOY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

SGS SA (OTCMKTS:SGSOY) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several research firms have issued reports on SGSOY. Citigroup restated a “buy” rating on shares of SGS in a report on Monday, July 27th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of SGS in a report on Monday, July 27th.

SGS Trading Up 0.5%

Shares of OTCMKTS:SGSOY traded up $0.06 during midday trading on Tuesday, reaching $11.67. The company had a trading volume of 2,688 shares, compared to its average volume of 87,820. SGS has a 1-year low of $10.16 and a 1-year high of $12.76. The company has a fifty day simple moving average of $11.47 and a two-hundred day simple moving average of $11.28.

About SGS

SGS SA is a Switzerland-based testing, inspection and certification company. Through its laboratories, technical specialists and assessment services, the company helps businesses, governments and other organizations verify that products, processes and facilities meet applicable quality, safety, regulatory and sustainability standards.

The company provides services across a wide range of industries, including agriculture and food, consumer products, energy and natural resources, chemicals, construction, industrial manufacturing, transportation, life sciences and environmental services.