SGS SA (OTCMKTS:SGSOY) Sees Significant Decline in Short Interest

SGS SA (OTCMKTS:SGSOY) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 200 shares, a decline of 99.0% from the August 15th total of 19,900 shares. Based on an average daily trading volume, of 580,500 shares, the short-interest ratio is currently 0.0 days.

SGS Trading Up 0.4 %

Shares of OTCMKTS SGSOY traded up $0.04 during midday trading on Friday, hitting $11.23. The company’s stock had a trading volume of 17,890 shares, compared to its average volume of 95,030. SGS has a 1-year low of $7.97 and a 1-year high of $11.27. The firm’s fifty day moving average price is $10.40 and its 200-day moving average price is $9.63. The company has a current ratio of 1.21, a quick ratio of 1.10 and a debt-to-equity ratio of 5.76.

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.