SES (OTCMKTS:SGBAF) Reaches New 1-Year Low – Should You Sell?

Shares of Ses S.A. (OTCMKTS:SGBAF) hit a new 52-week low on Wednesday. The company traded as low as $4.94 and last traded at $4.94, with a volume of 100 shares trading hands. The stock had previously closed at $4.97.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SGBAF shares. New Street Research downgraded shares of SES from a “neutral” rating to a “sell” rating in a research note on Tuesday, June 2nd. Barclays downgraded shares of SES from an “equal weight” rating to an “underweight” rating in a research note on Monday, July 6th. Finally, Zacks Research raised SES to a “hold” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, SES presently has an average rating of “Sell”.

SES Stock Down 0.6%

The firm has a 50 day moving average price of $6.04 and a 200-day moving average price of $7.57. The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05. The firm has a market cap of $2.75 billion, a PE ratio of -5.61 and a beta of 0.98.

SES (OTCMKTS:SGBAF) last issued 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 8.96% and a negative return on equity of 9.43%. The firm had revenue of $877.72 million during the quarter. Research analysts forecast that Ses S.A. will post 0.05 EPS for the current fiscal year.

SES Company Profile

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content distribution services to customers worldwide. The company operates a multi-orbit satellite fleet combining geostationary orbit (GEO) and medium Earth orbit (MEO) systems, enabling it to deliver broadband, video, mobility and data services across a range of markets.

SES serves broadcasters, media companies, telecommunications operators, enterprises, governments and other organizations. Its offerings include television and video distribution, managed connectivity, cloud and networking services, and communications for aviation, maritime and remote locations.