Short Interest in SGS SA (OTCMKTS:SGSOY) Increases By 17,288.1%

SGS SA (OTCMKTS:SGSOY – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 18,953 shares, an increase of 17,288.1% from the April 15th total of 109 shares. Based on an average daily volume of 183,934 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada upgraded shares of SGS from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, May 5th. Citigroup reiterated a “buy” rating on shares of SGS in a research note on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SGS in a research note on Monday, April 27th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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SGS Trading Down 0.5%

Shares of SGS stock traded down $0.05 during trading hours on Monday, reaching $10.80. 141,053 shares of the company’s stock were exchanged, compared to its average volume of 106,368. SGS has a 1 year low of $9.80 and a 1 year high of $12.76. The business has a fifty day moving average of $11.12 and a two-hundred day moving average of $11.40. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.44 and a quick ratio of 1.32.

About SGS

(Get Free Report)

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.

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