SES (OTCMKTS:SGBAF) Hits New 12-Month Low – Should You Sell?

Ses S.A. (OTCMKTS:SGBAF)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $5.41 and last traded at $5.41, with a volume of 400 shares changing hands. The stock had previously closed at $5.75.

Wall Street Analyst Weigh In

A number of brokerages have commented on SGBAF. New Street Research cut SES from a “neutral” rating to a “sell” rating in a research report on Tuesday, June 2nd. Zacks Research raised SES to a “hold” rating in a research report on Wednesday, July 29th. Finally, Barclays downgraded SES from an “equal weight” rating to an “underweight” rating in a research note on Monday, July 6th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, SES currently has a consensus rating of “Sell”.

SES Price Performance

The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.95 and a current ratio of 1.04. The company has a market cap of $3.01 billion, a P/E ratio of -6.15 and a beta of 1.02. The firm’s fifty day moving average is $7.35 and its two-hundred day moving average is $7.90.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.32) EPS for the quarter. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%. The business had revenue of $877.72 million for the quarter. As a group, analysts anticipate that Ses S.A. will post 0.05 earnings per share for the current fiscal year.

SES Company Profile

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.