SES (OTCMKTS:SGBAF) Hits New 52-Week Low – What’s Next?

Ses S.A. (OTCMKTS:SGBAF) shares reached a new 52-week low during trading on Monday . The company traded as low as $4.00 and last traded at $4.00, with a volume of 10215 shares changing hands. The stock had previously closed at $4.60.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded SES to a “strong-buy” rating in a report on Wednesday, October 2nd.

SES Trading Down 13.0 %

The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The firm’s fifty day moving average is $5.19 and its two-hundred day moving average is $5.35. The firm has a market cap of $2.23 billion, a P/E ratio of -1.74 and a beta of 1.21.

SES (OTCMKTS:SGBAF) last announced its earnings results on Thursday, August 1st. The company reported $0.08 earnings per share for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. The firm had revenue of $516.68 million for the quarter. Analysts predict that Ses S.A. will post 0.62 earnings per share for the current fiscal year.

SES Company Profile

SES SA provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to the aviation, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries.