Short Interest in SGS SA (OTCMKTS:SGSOY) Decreases By 99.0%

SGS SA (OTCMKTS:SGSOY - Get Free Report) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a drop of 99.0% from the January 15th total of 38,400 shares. Based on an average daily volume of 245,600 shares, the days-to-cover ratio is presently 0.0 days.

SGS Stock Up 0.2 %

Shares of OTCMKTS SGSOY traded up $0.02 during trading on Friday, hitting $10.81. The company had a trading volume of 35,437 shares, compared to its average volume of 120,716. SGS has a 52 week low of $8.68 and a 52 week high of $11.54. The business's 50-day moving average is $9.95 and its 200 day moving average is $10.43. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada lowered SGS from a "sector perform" rating to an "underperform" rating in a research report on Monday, October 21st.

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.