SES (OTCMKTS:SGBAF) Reaches New 1-Year Low – Should You Sell?

Ses S.A. (OTCMKTS:SGBAF)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $5.20 and last traded at $5.20, with a volume of 133 shares traded. The stock had previously closed at $5.3635.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on SGBAF shares. Zacks Research raised shares of SES to a “hold” rating in a research report on Wednesday, July 29th. New Street Research lowered shares of SES from a “neutral” rating to a “sell” rating in a report on Tuesday, June 2nd. Finally, Barclays downgraded SES from an “equal weight” rating to an “underweight” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, SES currently has an average rating of “Sell”.

SES Stock Performance

The company has a market cap of $2.90 billion, a PE ratio of -5.91 and a beta of 0.98. The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05. The firm’s 50-day simple moving average is $6.93 and its two-hundred day simple moving average is $7.77.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.32) earnings per share (EPS) for the quarter. SES had a negative return on equity of 9.43% and a negative net margin of 8.96%.The company had revenue of $877.72 million during the quarter. As a group, research analysts anticipate that Ses S.A. will post 0.05 earnings per share for the current fiscal year.

About SES

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.