SGS (OTCMKTS:SGSOY) Shares Pass Below 50-Day Moving Average of $9.33

SGS SA (OTCMKTS:SGSOY)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.33 and traded as low as $8.98. SGS shares last traded at $9.02, with a volume of 86,202 shares traded.

Analysts Set New Price Targets

Separately, Morgan Stanley raised shares of SGS from an “underweight” rating to an “equal weight” rating in a research note on Friday, January 12th.

SGS Price Performance

The company has a debt-to-equity ratio of 5.76, a quick ratio of 1.10 and a current ratio of 1.21. The company has a 50-day moving average of $9.33 and a 200-day moving average of $8.89.

SGS Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 19th. Stockholders of record on Wednesday, April 3rd were issued a $0.2064 dividend. This is a boost from SGS’s previous dividend of $0.20. The ex-dividend date was Tuesday, April 2nd.

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.