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

Ses S.A. (OTCMKTS:SGBAF)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $3.38 and last traded at $3.38, with a volume of 910 shares changing hands. The stock had previously closed at $3.48.

Analyst Upgrades and Downgrades

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

SES Trading Up 8.0 %

The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95. The business’s fifty day simple moving average is $4.67 and its 200 day simple moving average is $5.05. The stock has a market cap of $2.03 billion, a P/E ratio of -0.87 and a beta of 1.24.

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.