SES (OTCMKTS:SGBAF) Trading 9.4% Higher – Time to Buy?

Ses S.A. (OTCMKTS:SGBAF)’s share price shot up 9.4% during mid-day trading on Friday . The stock traded as high as $3.95 and last traded at $3.95. 12,613 shares traded hands during mid-day trading, an increase of 465% from the average session volume of 2,232 shares. The stock had previously closed at $3.61.

Analyst Upgrades and Downgrades

Separately, Barclays cut SES from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th.

SES Stock Performance

The firm has a fifty day moving average price of $3.25 and a 200 day moving average price of $4.20. The firm has a market capitalization of $2.20 billion, a PE ratio of -0.94 and a beta of 1.26. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53.

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.