SGS (OTCMKTS:SGSOY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of SGS (OTCMKTS:SGSOY) from a sell rating to a hold rating in a report published on Wednesday morning, Zacks.com reports.

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. “

Separately, Barclays cut shares of SGS from an overweight rating to an equal weight rating in a research report on Tuesday, June 11th.

Shares of OTCMKTS SGSOY opened at $24.70 on Wednesday. The company’s fifty day moving average is $24.56 and its 200-day moving average is $25.12. The stock has a market cap of $18.68 billion, a price-to-earnings ratio of 25.21, a P/E/G ratio of 3.51 and a beta of 0.81. SGS has a twelve month low of $21.60 and a twelve month high of $26.85. The company has a quick ratio of 1.36, a current ratio of 1.49 and a debt-to-equity ratio of 1.90.

SGS Company Profile

SGS SA provides inspection, verification, testing, certification, and quality assurance services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in nine segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.

Featured Story: What is a closed-end mutual fund (CEF)?

Get a free copy of the Zacks research report on SGS (SGSOY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SGS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGS and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit