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

Ses S.A. (OTCMKTS:SGBAF) reached a new 52-week low during trading on Tuesday. The company traded as low as $4.59 and last traded at $4.65, with a volume of 7600 shares traded. The stock had previously closed at $4.65.

Analyst Ratings Changes

SGBAF has been the subject of a number of research reports. Barclays cut SES from an “equal weight” rating to an “underweight” rating in a research note on Monday, July 6th. Zacks Research raised shares of SES to a “hold” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, SES presently has a consensus rating of “Sell”.

SES Stock Performance

The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of -5.32 and a beta of 1.02. The stock’s fifty day moving average is $5.65 and its two-hundred day moving average is $7.47. The company has a quick ratio of 0.95, a current ratio of 1.04 and a debt-to-equity ratio of 2.05.

SES (OTCMKTS:SGBAF) last announced its quarterly earnings results on Thursday, July 30th. The company reported ($0.32) EPS for the quarter. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%. The firm had revenue of $877.72 million during the quarter. On average, analysts predict that Ses S.A. will post 0.05 earnings per share for the current year.

About SES

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network, combining geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) satellites to support broadband communications, video distribution and other data-intensive applications.

SES serves broadcasters, telecommunications operators, governments, enterprises and organizations in the aviation and maritime industries.