Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.00 and last traded at $4.00, with a volume of 10215 shares changing hands. The stock had previously closed at $4.60.
Analysts Set New Price Targets
Separately, Barclays raised shares of SES to a "strong-buy" rating in a research note on Wednesday, October 2nd.
View Our Latest Stock Analysis on SGBAF
SES Stock Performance
The stock has a market cap of $2.56 billion, a P/E ratio of -2.00 and a beta of 1.21. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. The business's 50 day simple moving average is $5.18 and its 200 day simple moving average is $5.33.
SES (OTCMKTS:SGBAF - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.08 earnings per share for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. The business had revenue of $516.68 million during the quarter. On average, analysts expect that Ses S.A. will post 0.62 earnings per share for the current fiscal year.
About SES
(
Get Free Report)
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.
Further Reading
Before you consider SES, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SES wasn't on the list.
While SES currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.