Royal Bank Of Canada Upgrades SGS (OTCMKTS:SGSOY) to "Hold"

Royal Bank Of Canada upgraded shares of SGS (OTCMKTS:SGSOY - Free Report) from a strong sell rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Separately, Sanford C. Bernstein raised shares of SGS to a "strong-buy" rating in a research note on Friday, June 27th.

SGS Price Performance

SGS stock traded up $0.11 during mid-day trading on Tuesday, reaching $10.44. The company's stock had a trading volume of 9,628 shares, compared to its average volume of 99,375. The firm's fifty day moving average price is $10.22 and its two-hundred day moving average price is $9.98. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 3.08. SGS has a 12-month low of $8.42 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.