SES (OTCMKTS:SGBAF) Hits New 12-Month Low – Should You Sell?

Ses S.A. (OTCMKTS:SGBAF) reached a new 52-week low on Monday . The company traded as low as $4.00 and last traded at $4.00, with a volume of 10215 shares trading hands. The stock had previously closed at $4.60.

Wall Street Analysts Forecast Growth

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

SES Stock Performance

The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. The company has a 50 day simple moving average of $5.15 and a 200-day simple moving average of $5.32. The firm has a market cap of $2.26 billion, a PE ratio of -1.83 and a beta of 1.21.

SES (OTCMKTS:SGBAF) last released its earnings results on Thursday, August 1st. The company reported $0.08 EPS for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. The company had revenue of $516.68 million for the quarter. As a group, equities research analysts anticipate that Ses S.A. will post 0.62 EPS for the current year.

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.