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

SGS SA (OTCMKTS:SGSOY) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a decline of 64.3% from the February 28th total of 1,400 shares. Based on an average trading volume of 111,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

SGS Price Performance

SGSOY opened at $9.79 on Thursday. 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’s 50 day simple moving average is $10.02 and its 200-day simple moving average is $10.30. SGS has a one year low of $8.68 and a one year high of $11.54.

SGS Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 9th. Stockholders of record on Thursday, April 3rd will be paid a $0.363 dividend. This is a boost 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.