SES (OTCMKTS:SGBAF) Upgraded at Barclays

Barclays upgraded shares of SES (OTCMKTS:SGBAF) to a strong-buy rating in a research note issued to investors on Wednesday, Zacks.com reports.

SES Price Performance

Shares of OTCMKTS SGBAF opened at $5.32 on Wednesday. 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 company 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 twelve month low of $4.51 and a twelve month high of $6.77. The business has a 50 day simple moving average of $5.22 and a 200-day simple moving average of $5.49.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.08 earnings per share (EPS) for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. The company had revenue of $516.68 million for the quarter. As a group, equities research analysts expect that SES will post 0.62 earnings per share for the current year.

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.