SES (OTCMKTS:SGBAF) Hits New 12-Month Low – Here’s Why

Ses S.A. (OTCMKTS:SGBAF) hit a new 52-week low on Friday . The company traded as low as $2.94 and last traded at $2.94, with a volume of 107 shares. The stock had previously closed at $3.06.

Analyst Upgrades and Downgrades

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

SES Stock Performance

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 stock has a market cap of $1.64 billion, a price-to-earnings ratio of -0.70 and a beta of 1.26. The stock’s fifty day moving average is $3.32 and its 200-day moving average is $4.38.

About SES

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.