SES (OTCMKTS:SGBAF) Lifted to “Strong-Buy” at Barclays

Barclays upgraded shares of SES (OTCMKTS:SGBAF) to a strong-buy rating in a research note issued to investors on Wednesday morning, Zacks.com reports.

SES Price Performance

Shares of SGBAF opened at $5.32 on Wednesday. SES has a 1 year low of $4.51 and a 1 year high of $6.77. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of -2.40 and a beta of 1.21. The business has a 50-day moving average of $5.22 and a 200-day moving average of $5.48.

SES (OTCMKTS:SGBAF) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.08 earnings per share (EPS) for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. The firm had revenue of $516.68 million during the quarter. As a group, equities research analysts anticipate that SES will post 0.62 earnings per share for the current year.

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.