SES (OTCMKTS:SGBAF) Hits New 1-Year Low – Time to Sell?

Ses S.A. (OTCMKTS:SGBAF)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $2.95 and last traded at $2.95, with a volume of 478 shares changing hands. The stock had previously closed at $3.04.

Analysts Set New Price Targets

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

SES Stock Performance

The company has a market capitalization of $1.67 billion, a PE ratio of -0.72 and a beta of 1.26. The firm has a 50-day moving average of $3.59 and a two-hundred day moving average of $4.63. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95.

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.