SGS (OTCMKTS:SGSOY) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

SGS SA (OTCMKTS:SGSOY)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.27 and traded as high as $10.29. SGS shares last traded at $10.01, with a volume of 140,765 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have commented on SGSOY shares. 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. BNP Paribas upgraded SGS to a “hold” rating in a research report on Monday, September 30th.

SGS Stock Performance

The firm’s fifty day moving average is $10.27 and its 200-day moving average is $10.24. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 4.45.

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.