SGS traded at 85.72 this Friday May 15th, increasing 1.04 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, SGS gained 2.24 percent. Over the last 12 months, its price fell by 1.92 percent. Looking ahead, we forecast SGS to be priced at 84.01 by the end of this quarter and at 79.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
SGS SA is a Switzerland-based company that provides inspection, verification, testing and certification services. Inspection comprises checking the condition and weight of traded goods at transshipment, quality and quantity control, and compliance with regulatory requirements. Testing services are provided through a global network of testing facilities and test the quality, safety and performance of products against health, safety and regulatory standards. Certification services confirm if products, processes, systems or services are compliant with either national or international standards and regulations or customer defined standards. Verification focuses on ensuring that products and services comply with global standards and local regulations. Additionally, the Company offers training services through SGS Academy.