SGS (OTCMKTS:SGSOY) Downgraded to “Underperform” at Royal Bank of Canada

SGS (OTCMKTS:SGSOY) was downgraded by stock analysts at Royal Bank of Canada from a “sector perform” rating to an “underperform” rating in a research note issued to investors on Monday, Marketbeat Ratings reports.

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

SGS Trading Down 1.3 %

Shares of SGS stock opened at $10.82 on Monday. SGS has a 1-year low of $7.97 and a 1-year high of $11.54. The business’s fifty day moving average price is $11.09 and its two-hundred day moving average price is $9.93. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 4.45.

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.