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

SGS SA (OTCMKTS:SGSOY - Get Free Report) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decline of 64.3% from the February 28th total of 1,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 111,400 shares, the short-interest ratio is currently 0.0 days.

SGS Trading Up 0.5 %

Shares of OTCMKTS SGSOY traded up $0.05 during midday trading on Monday, hitting $9.93. 50,827 shares of the stock traded hands, compared to its average volume of 87,428. SGS has a one year low of $8.68 and a one year high of $11.54. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09. The firm has a 50-day moving average of $10.06 and a two-hundred day moving average of $10.27.

SGS Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, April 3rd will be given a $0.363 dividend. This is a boost from SGS's previous dividend of $0.21. The ex-dividend date of this dividend is Thursday, April 3rd.

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.