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

Shares of Ses S.A. (OTCMKTS:SGBAFGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $3.15 and last traded at $3.34, with a volume of 2798 shares trading hands. The stock had previously closed at $3.26.

Wall Street Analyst Weigh In

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

Get Our Latest Research Report on SGBAF

SES Price Performance

The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.53 and a current ratio of 2.57. The company’s fifty day moving average price is $3.69 and its 200 day moving average price is $4.70. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of -0.73 and a beta of 1.26.

About SES

(Get Free Report)

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.

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