Short Interest in SGS SA (OTCMKTS:SGSOY) Expands By 2,066.7%

SGS SA (OTCMKTS:SGSOY) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 6,500 shares, an increase of 2,066.7% from the October 31st total of 300 shares. Based on an average daily volume of 180,200 shares, the short-interest ratio is currently 0.0 days.

SGS Stock Up 0.9 %

SGSOY stock traded up $0.09 during trading on Thursday, reaching $9.82. 46,012 shares of the company were exchanged, compared to its average volume of 88,718. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09. The company has a 50-day moving average of $10.62 and a two-hundred day moving average of $10.14. SGS has a twelve month low of $8.18 and a twelve month high of $11.54.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SGSOY shares. BNP Paribas raised SGS to a “hold” rating in a report on Monday, September 30th. Royal Bank of Canada lowered 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.