SES (OTCMKTS:SGBAF) Reaches New 1-Year Low – Here’s What Happened

Shares of Ses S.A. (OTCMKTS:SGBAF) reached a new 52-week low on Friday . The stock traded as low as $2.94 and last traded at $2.94, with a volume of 107 shares trading hands. The stock had previously closed at $3.06.

Wall Street Analysts Forecast Growth

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

SES Stock Down 3.8 %

The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of -0.70 and a beta of 1.26. The firm has a fifty day moving average price of $3.32 and a 200 day moving average price of $4.38. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.53 and a current ratio of 2.57.

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.