SGS SA (OTCMKTS:SGSOY) Short Interest Update

SGS SA (OTCMKTS:SGSOY - Get Free Report) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,100 shares, a decrease of 30.0% from the March 31st total of 3,000 shares. Based on an average daily trading volume, of 108,400 shares, the short-interest ratio is currently 0.0 days.

SGS Trading Up 1.5 %

SGSOY stock traded up $0.13 during trading hours on Friday, reaching $9.07. 63,201 shares of the stock were exchanged, compared to its average volume of 62,366. The firm's 50-day moving average is $9.42 and its 200-day moving average is $8.86. The company has a debt-to-equity ratio of 5.76, a current ratio of 1.21 and a quick ratio of 1.10. SGS has a 12 month low of $7.97 and a 12 month high of $10.07.

SGS Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 19th. Shareholders of record on Wednesday, April 3rd were issued a dividend of $0.2064 per share. The ex-dividend date of this dividend was Tuesday, April 2nd. This is a boost from SGS's previous dividend of $0.20.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded shares of SGS from an "underweight" rating to an "equal weight" rating in a research report on Friday, January 12th.

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.