Zacks Investment Research upgraded shares of SGS Ltd (NASDAQ:SGSOY) from a strong sell rating to a hold rating in a research note published on Wednesday.

According to Zacks, “SGS SA is an inspection, verification, testing and certification company. The Company provides specialized business solutions that improve quality, safety, productivity and reduces risk. Its portfolio of services includes agricultural services, minerals services, oil, gas and chemicals services, life science services, consumer testing services, systems and services certification, industrial services, environmental services, automotive services, government and institutions services. SGS SA is headquartered in Geneva, Switzerland. “

SGS (SGSOY) opened at 24.625 on Wednesday. SGS has a one year low of $19.06 and a one year high of $24.65. The stock has a 50 day moving average price of $23.59 and a 200 day moving average price of $21.64. The company has a market cap of $18.56 billion and a PE ratio of 33.743.

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About SGS

SGS SA is a Switzerland-based company that provides inspection, verification, testing and certification services. Inspection comprises checking the condition and weight of traded goods at transshipment, quality and quantity control, and compliance with regulatory requirements. Testing services are provided through a global network of testing facilities and test the quality, safety and performance of products against health, safety and regulatory standards.

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