SGS (OTCMKTS:SGSOY) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

Shares of SGS SA (OTCMKTS:SGSOYGet Free Report) crossed 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 trading hands.

Wall Street Analyst Weigh In

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.

Check Out Our Latest Research Report on SGS

SGS Price Performance

The stock has a 50 day simple moving average of $9.90 and a 200 day simple moving average of $10.41. 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

(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.

Read More

Receive News & Ratings for SGS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SGS and related companies with MarketBeat.com's FREE daily email newsletter.