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

SGS SA (OTCMKTS:SGSOY) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.94 and traded as low as $9.24. SGS shares last traded at $9.26, with a volume of 152,577 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SGSOY shares. Royal Bank of Canada cut shares of SGS from a “sector perform” rating to an “underperform” rating in a research report on Monday, October 21st. BNP Paribas upgraded SGS to a “hold” rating in a research note on Monday, September 30th.

SGS Stock Performance

The stock’s fifty day simple moving average is $9.92 and its two-hundred day simple moving average is $10.39. The company has a current ratio of 1.23, a quick ratio of 1.09 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.