SES (OTCMKTS:SGBAF) Hits New 52-Week Low – Here’s What Happened

Ses S.A. (OTCMKTS:SGBAF)’s stock price reached a new 52-week low on Wednesday . The company 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.

Analyst Upgrades and Downgrades

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

SES Stock Performance

The business has a 50-day moving average price of $3.59 and a 200-day moving average price 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. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -0.72 and a beta of 1.26.

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.