SGS SA (OTCMKTS:SGSOY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

SGS SA (OTCMKTS:SGSOY) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company.

SGSOY has been the subject of a number of recent analyst reports. Morgan Stanley cut shares of SGS from an “equal weight” rating to a “cautious” rating in a research report on Tuesday, January 6th. Citigroup reaffirmed a “buy” rating on shares of SGS in a research note on Tuesday, February 17th.

SGS Price Performance

SGS stock opened at $11.99 on Monday. The stock has a fifty day moving average price of $11.99 and a two-hundred day moving average price of $11.24. SGS has a 52-week low of $8.42 and a 52-week high of $12.76. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 3.83.

SGS Company Profile

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.