SES (OTCMKTS:SGBAF) Sets New 12-Month Low – Here’s What Happened

Ses S.A. (OTCMKTS:SGBAF)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $3.43 and last traded at $3.60, with a volume of 2060 shares changing hands. The stock had previously closed at $3.90.

Analysts Set New Price Targets

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

SES Stock Down 7.7 %

The company has a market capitalization of $2.01 billion, a PE ratio of -1.70 and a beta of 1.24. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The company’s 50 day moving average is $4.86 and its two-hundred day moving average is $5.14.

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.