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

Shares of Ses S.A. (OTCMKTS:SGBAF) hit a new 52-week low during trading on Tuesday . The stock traded as low as $5.41 and last traded at $5.41, with a volume of 400 shares traded. The stock had previously closed at $5.75.

Analyst Upgrades and Downgrades

SGBAF has been the topic of a number of research analyst reports. Barclays cut SES from an “equal weight” rating to an “underweight” rating in a report on Monday, July 6th. Zacks Research upgraded SES to a “hold” rating in a research note on Wednesday, July 29th. Finally, New Street Research downgraded SES from a “neutral” rating to a “sell” rating in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

SES Stock Up 2.0%

The firm’s 50-day moving average price is $7.25 and its 200-day moving average price is $7.87. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.04 and a quick ratio of 0.95. The company has a market cap of $3.05 billion, a price-to-earnings ratio of -6.22 and a beta of 0.98.

SES (OTCMKTS:SGBAF) last posted 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 business had revenue of $877.72 million for the quarter. Sell-side analysts forecast that Ses S.A. will post 0.05 earnings per share for the current fiscal year.

SES Company Profile

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.