SGS SA (OTCMKTS:SGSOY) Short Interest Update

Key Points

• Short interest plunged 99.9% to just 109 shares as of April 15, leaving the short-interest ratio effectively at 0.0 days and approximately 0.0% of shares sold short.
• SGS was trading around $10.85 with intraday volume of 63,994 shares, below its 50‑day and 200‑day moving averages (about $11.31 and $11.39) and inside a 52‑week range of $9.49–$12.76.
• Analyst coverage is mixed but generally positive: three analysts rate it Strong Buy, one Buy, two Hold and one Sell, giving an average consensus of "Moderate Buy," though Morgan Stanley recently downgraded the stock to "cautious."

SGS SA (OTCMKTS:SGSOY - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 109 shares, a drop of 99.9% from the March 31st total of 78,100 shares. Based on an average daily trading volume, of 265,617 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.

SGS Price Performance

SGS stock traded up $0.07 during midday trading on Friday, hitting $10.85. 63,994 shares of the company were exchanged, compared to its average volume of 123,222. The company's fifty day moving average price is $11.31 and its 200-day moving average price is $11.39. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.32 and a current ratio of 1.44. SGS has a fifty-two week low of $9.49 and a fifty-two week high of $12.76.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SGSOY. Morgan Stanley lowered SGS from an "equal weight" rating to a "cautious" rating in a research note on Tuesday, January 6th. Citigroup reaffirmed a "buy" rating on shares of SGS in a research note on Tuesday, February 17th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

SGS Company Profile

SGS SA is a Switzerland-based multinational company that provides inspection, verification, testing and certification services. Established in the late 19th century, SGS has grown into a global provider of conformity assessment services that help businesses manage risk, ensure quality and meet regulatory requirements across product lifecycles and supply chains. The company's services are designed to verify that products, systems and processes meet specified standards and customer expectations.

Core activities include laboratory testing, on-site inspections, certification of management systems and product conformity, supply chain audits and technical verification.

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