Ses S.A. (OTCMKTS:SGBAF – Get Rating) traded up 1.6% during mid-day trading on Tuesday . The stock traded as high as $7.02 and last traded at $7.02. 992 shares traded hands during trading, a decline of 42% from the average session volume of 1,707 shares. The stock had previously closed at $6.91.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Barclays dropped their target price on shares of SES from €9.00 ($9.18) to €8.00 ($8.16) in a research note on Tuesday, October 11th. Bryan, Garnier & Co assumed coverage on shares of SES in a research note on Tuesday, September 20th. They set a “neutral” rating and a €6.50 ($6.63) target price on the stock.
SES Price Performance
The company has a current ratio of 1.18, a quick ratio of 1.16 and a debt-to-equity ratio of 0.61. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 8.77 and a beta of 1.13. The firm’s fifty day simple moving average is $6.32 and its 200 day simple moving average is $7.55.
SES SA provides satellite and ground infrastructure solutions worldwide. The company offers data connectivity services through its MEO and GEO satellite communication systems for aviation, maritime, cruise, energy, government, and telco and MNO industries. It also provides video services, including direct to home broadcast, occasional use, IP delivery, cable distribution, channel management, over the top (OTT), satellite distribution, hybrid TV platform, online video platform, content aggregation, SES 360, audience measurement and ad insertion, subscriber management, content distribution, production, value added, and real time booking services for broadcasters, platform operators, and sports organizations.
- Get a free copy of the StockNews.com research report on SES (SGBAF)
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