SES (OTCMKTS:SGBAF) Hits New 52-Week Low – Should You Sell?

Shares of Ses S.A. (OTCMKTS:SGBAF) hit a new 52-week low during trading on Thursday . The company traded as low as $3.15 and last traded at $3.34, with a volume of 2798 shares traded. The stock had previously closed at $3.26.

Wall Street Analysts Forecast Growth

Separately, Barclays raised SES to a “strong-buy” rating in a report on Wednesday, October 2nd.

SES Price Performance

The company’s fifty day moving average is $3.75 and its two-hundred day moving average is $4.72. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of -0.80 and a beta of 1.26.

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.