SGS (OTCMKTS:SGSOY) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

SGS SA (OTCMKTS:SGSOYGet Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $9.90 and traded as low as $9.66. SGS shares last traded at $9.70, with a volume of 171,416 shares changing hands.

Analysts Set New Price Targets

Separately, Royal Bank of Canada downgraded shares of SGS from a “sector perform” rating to an “underperform” rating in a research report on Monday, October 21st.

View Our Latest Stock Report on SGSOY

SGS Trading Down 1.3 %

The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09. The business’s 50 day moving average price is $9.90 and its 200-day moving average price is $10.41.

About SGS

(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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