SGS SA (OTCMKTS:SGSOY) Sees Significant Decrease in Short Interest

SGS SA (OTCMKTS:SGSOY) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 3,800 shares, a decrease of 46.5% from the May 15th total of 7,100 shares. Based on an average trading volume of 195,100 shares, the short-interest ratio is currently 0.0 days.

SGS Stock Down 1.7 %

SGS stock traded down $0.16 during midday trading on Friday, hitting $9.12. 289,376 shares of the company’s stock were exchanged, compared to its average volume of 78,991. The company has a quick ratio of 1.10, a current ratio of 1.21 and a debt-to-equity ratio of 5.76. SGS has a 12 month low of $7.97 and a 12 month high of $10.07. The firm has a 50-day moving average of $9.05 and a two-hundred day moving average of $9.05.

SGS Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 19th. Investors of record on Wednesday, April 3rd were given a $0.2064 dividend. This is a positive change from SGS’s previous dividend of $0.20. The ex-dividend date was Tuesday, April 2nd.

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.