Ses S.A. (OTCMKTS:SGBAF) Sees Large Growth in Short Interest

Ses S.A. (OTCMKTS:SGBAF) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 67,600 shares, a growth of 29.8% from the March 31st total of 52,100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 61.5 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

SES Stock Performance

OTCMKTS SGBAF opened at $5.85 on Friday. SES has a 52 week low of $2.94 and a 52 week high of $6.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.53 and a current ratio of 2.57. The stock’s 50 day moving average price is $5.56 and its two-hundred day moving average price is $4.24. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of -1.40 and a beta of 0.64.

SES (OTCMKTS:SGBAF) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.09 EPS for the quarter. SES had a negative net margin of 83.41% and a positive return on equity of 6.16%. The business had revenue of $535.45 million for the quarter. As a group, analysts anticipate that SES will post 0.41 earnings per share for the current fiscal year.

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.