SES (OTCMKTS:SGBAF) Reaches New 1-Year Low – Should You Sell?

Ses S.A. (OTCMKTS:SGBAF)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as $4.10 and last traded at $4.1882, with a volume of 26,040 shares traded. The stock had previously closed at $4.39.

Wall Street Analysts Forecast Growth

SGBAF has been the subject of a number of recent research reports. Barclays lowered shares of SES from an “equal weight” rating to an “underweight” rating in a research report on Monday, July 6th. Zacks Research raised shares of SES to a “hold” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

SES Price Performance

The firm has a market cap of $2.33 billion, a PE ratio of -4.76 and a beta of 1.02. The stock has a 50 day simple moving average of $5.52 and a two-hundred day simple moving average of $7.42. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.95 and a current ratio of 1.04.

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

SES Company Profile

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network, combining geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) satellites to support broadband communications, video distribution and other data-intensive applications.

SES serves broadcasters, telecommunications operators, governments, enterprises and organizations in the aviation and maritime industries.