SES (OTCMKTS:SGBAF) Reaches New 52-Week Low – Here’s Why

Ses S.A. (OTCMKTS:SGBAF)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $3.38 and last traded at $3.38, with a volume of 910 shares traded. The stock had previously closed at $3.48.

Analysts Set New Price Targets

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

SES Stock Up 8.0 %

The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of -0.87 and a beta of 1.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.53 and a current ratio of 2.57. The business’s 50 day moving average is $4.67 and its 200-day moving average is $5.05.

SES Company Profile

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.