SGS SA (OTCMKTS:SGSOY – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.09 and traded as high as $11.61. SGS shares last traded at $11.50, with a volume of 45,865 shares traded.
Analyst Upgrades and Downgrades
SGSOY has been the topic of a number of recent analyst reports. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SGS in a report on Monday, April 27th. Royal Bank Of Canada upgraded shares of SGS from an “underperform” rating to a “sector perform” rating in a research report on Tuesday, May 5th. Finally, Oddo Bhf upgraded shares of SGS to an “outperform” rating in a report on Tuesday, May 26th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, SGS has an average rating of “Moderate Buy”.
Read Our Latest Research Report on SGS
SGS Price Performance
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.
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