SGS SA (OTCMKTS:SGSOY) Short Interest Down 49.7% in December

SGS SA (OTCMKTS:SGSOY) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 10,070 shares, a decline of 49.7% from the December 15th total of 20,033 shares. Based on an average trading volume of 87,940 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 87,940 shares, the short-interest ratio is presently 0.1 days.

SGS Trading Up 0.8%

OTCMKTS SGSOY opened at $11.91 on Friday. SGS has a 1-year low of $8.42 and a 1-year high of $12.00. The stock has a 50-day moving average of $11.35 and a 200-day moving average of $10.79. The company has a debt-to-equity ratio of 3.83, a current ratio of 1.13 and a quick ratio of 1.01.

Analyst Upgrades and Downgrades

SGSOY has been the topic of a number of research reports. The Goldman Sachs Group upgraded SGS from a “strong sell” rating to a “neutral” rating in a research report on Thursday, October 9th. Citigroup reissued a “buy” rating on shares of SGS in a report on Tuesday, October 28th. Finally, Morgan Stanley lowered SGS from an “equal weight” rating to a “cautious” rating in a research note on Tuesday, January 6th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, SGS has an average rating of “Moderate Buy”.

About SGS

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.