Short Interest in Ses S.A. (OTCMKTS:SGBAF) Declines By 31.8%

Ses S.A. (OTCMKTS:SGBAF) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 81,000 shares, a drop of 31.8% from the February 13th total of 118,700 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 33.8 days. Currently, 0.0% of the company’s shares are sold short.

SES Stock Performance

SGBAF stock opened at $6.50 on Tuesday. The business’s fifty day moving average is $4.02 and its 200-day moving average is $4.12. 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 company has a market cap of $3.62 billion, a P/E ratio of -1.56 and a beta of 1.22. SES has a twelve month low of $2.94 and a twelve month high of $6.77.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered SES from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th.

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.