SES (OTCMKTS:SGBAF) Trading Down 2.2%

SES SA (OTCMKTS:SGBAF) shares traded down 2.2% on Thursday . The company traded as low as $6.70 and last traded at $6.70, 5,207 shares traded hands during trading. A decline of 16% from the average session volume of 6,197 shares. The stock had previously closed at $6.85.

Several equities analysts have issued reports on SGBAF shares. Citigroup cut shares of SES from a “buy” rating to a “neutral” rating in a research report on Wednesday, March 4th. Zacks Investment Research upgraded SES from a “sell” rating to a “hold” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of SES in a report on Tuesday, March 31st. Finally, Barclays lowered SES from an “overweight” rating to an “equal weight” rating in a research report on Friday, February 7th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. SES currently has an average rating of “Hold”.

The company has a current ratio of 1.08, a quick ratio of 1.06 and a debt-to-equity ratio of 0.60. The business’s 50-day simple moving average is $6.37 and its two-hundred day simple moving average is $11.10.

SES (OTCMKTS:SGBAF) last issued its quarterly earnings results on Monday, March 2nd. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $589.07 million during the quarter. Equities research analysts forecast that SES SA will post 0.45 earnings per share for the current fiscal year.

SES Company Profile (OTCMKTS:SGBAF)

SES SA provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. The company offers video services, such as broadcasting, content distribution, and occasional use and full-time content contribution and distribution services.

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