SGS SA (OTCMKTS:SGSOY) Short Interest Update

SGS SA (OTCMKTS:SGSOY - Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 132,000 shares, a growth of 2,100.0% from the December 31st total of 6,000 shares. Based on an average daily volume of 282,100 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

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

SGS Trading Down 1.3 %

Shares of OTCMKTS:SGSOY traded down $0.13 during trading on Wednesday, hitting $9.70. 171,416 shares of the stock were exchanged, compared to its average volume of 117,589. SGS has a 12-month low of $8.68 and a 12-month high of $11.54. The company has a fifty day moving average price of $9.90 and a two-hundred day moving average price of $10.41. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09.

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.

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