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SGS (OTCMKTS:SGSOY) Stock Crosses Above Fifty Day Moving Average - Here's Why

SGS logo with Business Services background

SGS SA (OTCMKTS:SGSOY - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $11.00 and traded as high as $11.15. SGS shares last traded at $11.05, with a volume of 29,604 shares.

Analysts Set New Price Targets

Separately, BNP Paribas raised SGS to a "hold" rating in a report on Monday, September 30th.

View Our Latest Stock Report on SGS

SGS Stock Down 0.2 %

The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 4.45. The stock has a 50 day simple moving average of $11.01 and a 200-day simple moving average of $9.83.

SGS Company Profile

(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.

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