SGS SA (OTCMKTS:SGSOY) Short Interest Down 26.3% in February

SGS SA (OTCMKTS:SGSOY) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,400 shares, a decline of 26.3% from the February 13th total of 1,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 85,700 shares, the short-interest ratio is presently 0.0 days.

SGS Price Performance

OTCMKTS:SGSOY traded up $0.18 during mid-day trading on Tuesday, reaching $10.02. 62,259 shares of the stock were exchanged, compared to its average volume of 88,433. The business has a fifty day moving average price of $10.06 and a 200 day moving average price of $10.35. SGS has a 1-year low of $8.68 and a 1-year high of $11.54. The company has a debt-to-equity ratio of 4.45, a current ratio of 1.23 and a quick ratio of 1.09.

SGS Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 9th. Investors of record on Thursday, April 3rd will be given a $0.363 dividend. This is a positive change from SGS’s previous dividend of $0.21. The ex-dividend date is Thursday, April 3rd.

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.