SGS SA (OTCMKTS:SGSOY) Short Interest Down 98.7% in October

SGS SA (OTCMKTS:SGSOY) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 300 shares, a decrease of 98.7% from the October 15th total of 22,900 shares. Based on an average daily volume of 90,100 shares, the short-interest ratio is currently 0.0 days.

SGS Trading Down 1.0 %

Shares of OTCMKTS SGSOY traded down $0.10 during trading on Thursday, reaching $9.81. The company had a trading volume of 167,621 shares, compared to its average volume of 88,364. SGS has a 12-month low of $8.18 and a 12-month high of $11.54. The business’s 50-day moving average is $10.91 and its 200 day moving average is $10.09. The company has a current ratio of 1.23, a quick ratio of 1.09 and a debt-to-equity ratio of 4.45.

Analyst Ratings Changes

SGSOY has been the topic of several recent research reports. BNP Paribas raised SGS to a “hold” rating in a research note on Monday, September 30th. Royal Bank of Canada cut SGS from a “sector perform” rating to an “underperform” rating in a research note on Monday, October 21st.

About SGS

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.