SGS (OTCMKTS:SGSOY) Share Price Passes Above Fifty Day Moving Average – What’s Next?

SGS SA (OTCMKTS:SGSOY) passed 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.

Analysts Set New Price Targets

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

SGS Price Performance

The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 4.45. The business’s 50-day moving average is $11.06 and its 200-day moving average is $9.89.

SGS Company Profile

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.