SGS SA (OTCMKTS:SGSOY) Sees Large Drop in Short Interest

SGS SA (OTCMKTS:SGSOYGet Free Report) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,400 shares, a decline of 26.3% from the February 13th total of 1,900 shares. Based on an average daily trading volume, of 85,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

SGS Price Performance

OTCMKTS SGSOY traded down $0.12 during trading on Friday, hitting $9.85. The stock had a trading volume of 63,937 shares, compared to its average volume of 88,922. The company has a debt-to-equity ratio of 4.45, a quick ratio of 1.09 and a current ratio of 1.23. The firm has a 50 day moving average price of $10.06 and a 200 day moving average price of $10.37. SGS has a twelve month low of $8.68 and a twelve month high of $11.54.

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 an increase from SGS’s previous dividend of $0.21. The ex-dividend date of this dividend is Thursday, April 3rd.

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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