Shares of SGS SA (OTCMKTS:SGSOY – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.04 and traded as low as $9.90. SGS shares last traded at $9.90, with a volume of 69,948 shares changing hands.
Analyst Upgrades and Downgrades
SGSOY has been the topic of several recent analyst reports. BNP Paribas upgraded shares of SGS to a “hold” rating in a research note on Monday, September 30th. Royal Bank of Canada downgraded SGS from a “sector perform” rating to an “underperform” rating in a research report on Monday, October 21st.
SGS Price Performance
About SGS
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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