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

SGS logo with Business Services background

SGS SA (OTCMKTS:SGSOY - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 32,100 shares, a growth of 6,320.0% from the March 15th total of 500 shares. Based on an average daily trading volume, of 156,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

SGS Price Performance

Shares of SGS stock traded up $0.06 during trading on Friday, hitting $9.33. The company's stock had a trading volume of 67,048 shares, compared to its average volume of 117,255. 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 has a 52 week low of $8.42 and a 52 week high of $11.54. The stock has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $10.06.

SGS Increases Dividend

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

About SGS

(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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