SGS (OTCMKTS:SGSOY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

SGS SA (OTCMKTS:SGSOYGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.06 and traded as high as $11.29. SGS shares last traded at $11.20, with a volume of 54,128 shares changing hands.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded shares of SGS to a “hold” rating in a report on Monday, September 30th.

Read Our Latest Research Report on SGS

SGS Trading Down 0.4 %

The firm has a 50-day simple moving average of $11.08 and a 200-day simple moving average of $9.90. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 4.45.

SGS Company Profile

(Get Free Report)

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.

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