SES (OTCMKTS:SGBAF) Sets New 1-Year Low – What’s Next?

Ses S.A. (OTCMKTS:SGBAF)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $2.94 and last traded at $2.94, with a volume of 107 shares trading hands. The stock had previously closed at $3.06.

Wall Street Analyst Weigh In

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

SES Stock Down 3.8 %

The stock has a market capitalization of $1.64 billion, a P/E ratio of -0.70 and a beta of 1.26. The stock has a 50 day moving average price of $3.34 and a 200-day moving average price of $4.40. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53.

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.