SES (OTCMKTS:SGBAF) Hits New 1-Year Low – Should You Sell?

Ses S.A. (OTCMKTS:SGBAF) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.43 and last traded at $3.60, with a volume of 2060 shares. The stock had previously closed at $3.90.

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 Up 5.2 %

The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of -1.57 and a beta of 1.24. The firm’s 50-day moving average price is $4.79 and its 200 day moving average price is $5.12. 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.