Short Interest in Ses S.A. (OTCMKTS:SGBAF) Decreases By 53.0%

Ses S.A. (OTCMKTS:SGBAF) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 38,100 shares, a drop of 53.0% from the February 28th total of 81,000 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is presently 3.3 days. Currently, 0.0% of the company’s stock are short sold.

SES Stock Performance

OTCMKTS:SGBAF remained flat at $6.04 during trading hours on Friday. 20 shares of the company traded hands, compared to its average volume of 3,027. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. SES has a 1 year low of $2.94 and a 1 year high of $6.62. The stock’s fifty day moving average price is $4.56 and its 200-day moving average price is $4.16. The company has a market capitalization of $3.37 billion, a PE ratio of -1.44 and a beta of 1.22.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of SES from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th.

SES Company Profile

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.