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

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

A number of brokerages have commented on SGSOY. Royal Bank Of Canada raised shares of SGS from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SGS in a research note on Monday, April 27th. Finally, Citigroup reaffirmed a “buy” rating on shares of SGS in a research note on Tuesday, February 17th.

SGS Price Performance

Shares of OTCMKTS:SGSOY opened at $10.84 on Friday. SGS has a 52 week low of $9.80 and a 52 week high of $12.76. The firm has a fifty day simple moving average of $10.95 and a two-hundred day simple moving average of $11.39. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.44 and a quick ratio of 1.32.

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.