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

Ses S.A. (OTCMKTS:SGBAF)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $3.15 and last traded at $3.34, with a volume of 2798 shares changing hands. The stock had previously closed at $3.26.

Analysts Set New Price Targets

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

SES Trading Down 9.0 %

The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average of $3.69 and a 200 day moving average of $4.70. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of -0.73 and a beta of 1.26.

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.