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

SES (OTCMKTS:SGBAF) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a research report issued on Wednesday, Zacks.com reports.

SES Stock Performance

Shares of SGBAF opened at $5.32 on Wednesday. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of -2.40 and a beta of 1.21. SES has a 12 month low of $4.51 and a 12 month high of $6.77. The firm has a fifty day simple moving average of $5.22 and a 200 day simple moving average of $5.50. The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.08 EPS for the quarter. The company had revenue of $516.68 million during the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. Research analysts forecast that SES will post 0.62 EPS for the current fiscal year.

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.