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

SGS SA (OTCMKTS:SGSOY - Get Free Report) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 22,100 shares, a decrease of 82.7% from the May 15th total of 127,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 120,900 shares, the short-interest ratio is currently 0.2 days.

SGS Stock Performance

Shares of OTCMKTS SGSOY traded down $0.14 during midday trading on Friday, reaching $10.34. 46,897 shares of the stock were exchanged, compared to its average volume of 106,595. The company has a 50 day simple moving average of $9.89 and a 200 day simple moving average of $9.95. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 4.45. SGS has a twelve month low of $8.42 and a twelve month high of $11.54.

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.