SGS SA (OTCMKTS:SGSOY – Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.63 and traded as low as $11.34. SGS shares last traded at $11.36, with a volume of 78,613 shares changing hands.
Wall Street Analyst Weigh In
A number of research firms have commented on SGSOY. Oddo Bhf raised shares of SGS to an “outperform” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of SGS in a research report on Monday, July 27th. Kepler Capital Markets raised shares of SGS to a “strong-buy” rating in a research note on Monday, May 18th. Finally, Citigroup restated a “buy” rating on shares of SGS in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Get Our Latest Research Report on SGSOY
SGS Stock Up 1.4%
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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