Ses S.A. (OTCMKTS:SGBAF – Get Rating) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $7.23 and last traded at $7.43, with a volume of 711 shares trading hands. The stock had previously closed at $8.04.
Analyst Ratings Changes
Several equities analysts have recently commented on SGBAF shares. Barclays lowered their price target on shares of SES from €10.50 ($10.82) to €10.20 ($10.52) and set an “overweight” rating for the company in a research report on Wednesday, July 13th. Berenberg Bank upped their target price on shares of SES from €9.80 ($10.10) to €11.20 ($11.55) and gave the stock a “buy” rating in a research report on Friday, June 10th. Morgan Stanley raised their price target on shares of SES from €9.00 ($9.28) to €10.00 ($10.31) in a research note on Thursday, June 16th. JPMorgan Chase & Co. boosted their price objective on SES from €8.40 ($8.66) to €10.00 ($10.31) and gave the stock a “neutral” rating in a research report on Wednesday, June 29th. Finally, Societe Generale raised their target price on SES from €9.30 ($9.59) to €10.00 ($10.31) in a research report on Friday, May 6th.
SES Stock Performance
The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 9.78 and a beta of 0.94. The company’s 50 day simple moving average is $8.49 and its 200 day simple moving average is $8.58. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.39 and a current ratio of 0.39.
SES Company Profile
SES SA provides satellite and ground infrastructure solutions worldwide. The company offers data connectivity services through its MEO and GEO satellite communication systems for aviation, maritime, cruise, energy, government, and telco and MNO industries. It also provides video services, including direct to home broadcast, occasional use, IP delivery, cable distribution, channel management, over the top (OTT), satellite distribution, hybrid TV platform, online video platform, content aggregation, SES 360, audience measurement and ad insertion, subscriber management, content distribution, production, value added, and real time booking services for broadcasters, platform operators, and sports organizations.
- Get a free copy of the StockNews.com research report on SES (SGBAF)
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