SQS Software Quality Systems AG (LON:SQS) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 824 ($11.17) and last traded at GBX 817 ($11.08), with a volume of 11446 shares changing hands. The stock had previously closed at GBX 817 ($11.08).

Several brokerages have issued reports on SQS. N+1 Singer reaffirmed a “buy” rating on shares of SQS Software Quality Systems in a report on Friday, December 15th. Numis Securities raised SQS Software Quality Systems to a “buy” rating and set a GBX 644 ($8.73) price target for the company in a report on Wednesday, November 29th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 640.20 ($8.68).

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About SQS Software Quality Systems

SQS Software Quality Systems AG (SQS) is a Germany-based provider of software testing and quality management services. The Company operates in three business segments: Managed Services (MS), which includes long term engagements for testing standard software package products; Specialist Consultancy Services (SCS), which includes transformation and quality in projects with skills, including SAP, Product Lifecycle Management (PLM), process consulting and improvement, and load and performance testing; and Regular Testing Services (RTS), which includes consultancy services on a local basis and contracted for a short term (three months).

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