Royal Bank of Canada Downgrades SGS (OTCMKTS:SGSOY) to Underperform

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

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

SGS Stock Performance

OTCMKTS:SGSOY opened at $11.16 on Monday. The business has a 50 day simple moving average of $11.08 and a 200 day simple moving average of $9.91. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.09 and a current ratio of 1.23. SGS has a 12-month low of $7.97 and a 12-month high of $11.54.

SGS Company Profile

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.