Ses S.A. (OTCMKTS:SGBAF) Short Interest Down 31.8% in February

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 81,000 shares, a decline of 31.8% from the February 13th total of 118,700 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 33.8 days. Approximately 0.0% of the company's shares are sold short.

Wall Street Analysts Forecast Growth

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

SES Trading Down 10.6 %

Shares of SGBAF stock traded down $0.69 during trading hours on Wednesday, reaching $5.81. 2,975 shares of the stock were exchanged, compared to its average volume of 3,207. The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95. SES has a 12-month low of $2.94 and a 12-month high of $6.72. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of -1.39 and a beta of 1.22. The company's 50-day moving average price is $4.12 and its 200-day moving average price is $4.13.

About SES

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.