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

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

SES Stock Up 9.4 %

OTCMKTS SGBAF opened at $6.50 on Tuesday. The firm has a market cap of $3.62 billion, a PE ratio of -1.56 and a beta of 1.22. SES has a one year low of $2.94 and a one year high of $6.77. The stock’s 50 day simple moving average is $4.02 and its 200 day simple moving average is $4.12. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on SES

SES Company Profile

(Get Free Report)

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.

Further Reading

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