SES (OTCMKTS:SGBAF) Sets New 12-Month Low – Should You Sell?

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

Analysts Set New Price Targets

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

SES Stock Down 3.8 %

The company has a market cap of $1.64 billion, a P/E ratio of -0.70 and a beta of 1.26. The company’s 50-day moving average is $3.34 and its two-hundred day moving average is $4.40. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53.

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.