SES (OTCMKTS:SGBAF) Reaches New 12-Month Low – What’s Next?

Ses S.A. (OTCMKTS:SGBAF)’s stock price reached a new 52-week low on Tuesday. The company traded as low as $4.10 and last traded at $4.1882, with a volume of 26,040 shares changing hands. The stock had previously closed at $4.39.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SGBAF. Barclays downgraded shares of SES from an “equal weight” rating to an “underweight” rating in a research report on Monday, July 6th. Zacks Research raised SES to a “hold” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

SES Stock Down 0.9%

The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of -4.76 and a beta of 1.02. The company has a quick ratio of 0.95, a current ratio of 1.04 and a debt-to-equity ratio of 2.05. The company’s 50 day moving average price is $5.52 and its 200 day moving average price is $7.42.

SES (OTCMKTS:SGBAF) last released its earnings results on Thursday, July 30th. The company reported ($0.32) earnings per share (EPS) for the quarter. The firm had revenue of $877.72 million during the quarter. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%. As a group, research analysts forecast that Ses S.A. will post 0.05 earnings per share for the current fiscal year.

SES Company Profile

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network, combining geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) satellites to support broadband communications, video distribution and other data-intensive applications.

SES serves broadcasters, telecommunications operators, governments, enterprises and organizations in the aviation and maritime industries.