SGS (SGSOY) Downgraded to “Hold” at Zacks Investment Research

Zacks Investment Research cut shares of SGS (OTCMKTS:SGSOY) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning.

According to Zacks, “SGS SA is an inspection, verification, testing and certification company. The Company provides specialized business solutions that improve quality, safety, productivity and reduces risk. Its portfolio of services includes agricultural services, minerals services, oil, gas and chemicals services, life science services, consumer testing services, systems and services certification, industrial services, environmental services, automotive services, government and institutions services. SGS SA is headquartered in Geneva, Switzerland. “

SGS stock opened at $24.55 on Wednesday. SGS has a fifty-two week low of $21.05 and a fifty-two week high of $27.47. The stock has a market capitalization of $18,739.01, a PE ratio of 26.40, a PEG ratio of 4.01 and a beta of 0.85.

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About SGS

SGS SA is engaged in the provision of inspection, verification, testing and certification services. It operates through the following segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.

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