SGS SA (OTCMKTS:SGSOY) Short Interest Update

SGS SA (OTCMKTS:SGSOY) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 32,212 shares, a decrease of 49.2% from the January 29th total of 63,427 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 197,356 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 197,356 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

SGS Stock Performance

Shares of SGSOY stock opened at $12.58 on Friday. The company’s fifty day simple moving average is $11.93 and its two-hundred day simple moving average is $11.18. SGS has a 1 year low of $8.42 and a 1 year high of $12.76. 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 Ratings Changes

SGSOY has been the subject of a number of research reports. Morgan Stanley downgraded shares of SGS from an “equal weight” rating to a “cautious” rating in a research report on Tuesday, January 6th. Citigroup reissued a “buy” rating on shares of SGS in a research report on Tuesday, February 17th. Three research 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 stock. According to MarketBeat.com, the company presently has a consensus 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.