Ses S.A. (OTCMKTS:SGBAF) Short Interest Update

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 38,100 shares, a drop of 53.0% from the February 28th total of 81,000 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 3.3 days. Currently, 0.0% of the shares of the stock are sold short.

SES Trading Down 1.3 %

OTCMKTS:SGBAF traded down $0.08 on Tuesday, hitting $6.00. 2,000 shares of the stock were exchanged, compared to its average volume of 2,950. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of -1.44 and a beta of 1.22. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.53 and a current ratio of 2.57. SES has a 52 week low of $2.94 and a 52 week high of $6.62. The company's 50-day moving average price is $4.63 and its 200 day moving average price is $4.16.

Analysts Set New Price Targets

Separately, Barclays lowered SES from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 24th.

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.