SGS SA (OTCMKTS:SGSOY - Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 6,000 shares, an increase of 566.7% from the November 30th total of 900 shares. Based on an average daily trading volume, of 161,600 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on SGSOY. Royal Bank of Canada cut shares of SGS from a "sector perform" rating to an "underperform" rating in a research note on Monday, October 21st. BNP Paribas upgraded SGS to a "hold" rating in a report on Monday, September 30th.
Read Our Latest Stock Analysis on SGSOY
SGS Price Performance
Shares of OTCMKTS SGSOY traded up $0.16 during mid-day trading on Thursday, reaching $10.24. 97,319 shares of the company were exchanged, compared to its average volume of 90,317. SGS has a twelve month low of $8.18 and a twelve month high of $11.54. The company's 50-day simple moving average is $10.16 and its 200-day simple moving average is $10.27. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.09 and a current ratio of 1.23.
SGS Company Profile
(
Get Free Report)
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.
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