SES (OTCMKTS:SGBAF) Sets New 1-Year Low – Here’s Why

Ses S.A. (OTCMKTS:SGBAF)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $3.36 and last traded at $3.48, with a volume of 764 shares trading hands. The stock had previously closed at $3.48.

Analyst Ratings Changes

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

SES Price 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 50-day moving average of $4.52 and a 200 day moving average of $5.01. The company has a market capitalization of $1.94 billion, a PE ratio of -0.83 and a beta of 1.24.

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.