SGS SA (OTCMKTS:SGSOY) Sees Large Increase in Short Interest

SGS SA (OTCMKTS:SGSOY) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 9,600 shares, an increase of 152.6% from the May 31st total of 3,800 shares. Based on an average daily volume of 105,800 shares, the short-interest ratio is presently 0.1 days.

SGS Stock Performance

Shares of OTCMKTS:SGSOY traded down $0.03 during midday trading on Friday, hitting $8.91. 24,577 shares of the stock were exchanged, compared to its average volume of 69,600. The business’s 50-day moving average price is $9.07 and its 200 day moving average price is $9.09. SGS has a 12 month low of $7.97 and a 12 month high of $10.07. The company has a debt-to-equity ratio of 5.76, a quick ratio of 1.10 and a current ratio of 1.21.

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.