SES (OTCMKTS:SGBAF) Stock Rating Upgraded by Zacks Research

SES (OTCMKTS:SGBAF) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other analysts have also recently weighed in on SGBAF. Barclays cut SES from an “equal weight” rating to an “underweight” rating in a research report on Monday, July 6th. New Street Research lowered SES from a “neutral” rating to a “sell” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Sell”.

SES Stock Down 13.8%

Shares of OTCMKTS SGBAF opened at $6.52 on Wednesday. The firm has a fifty day simple moving average of $8.93 and a two-hundred day simple moving average of $8.17. SES has a 12 month low of $5.52 and a 12 month high of $11.40. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 2.03. The firm has a market capitalization of $3.63 billion, a PE ratio of -14.82 and a beta of 0.99.

SES (OTCMKTS:SGBAF) last announced its earnings results on Thursday, July 30th. The company reported ($0.32) earnings per share for the quarter. SES had a negative net margin of 4.96% and a positive return on equity of 0.82%. Equities analysts expect that SES will post 0.05 earnings per share for the current year.

About SES

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.