New Street Research Upgrades SES (OTCMKTS:SGBAF) to Hold

SES (OTCMKTS:SGBAF) was upgraded by stock analysts at New Street Research to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

SES Stock Performance

SGBAF opened at $6.05 on Monday. SES has a twelve month low of $2.94 and a twelve month high of $6.57. The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95. The stock has a market cap of $3.37 billion, a PE ratio of -1.45 and a beta of 0.65. The business’s 50 day moving average is $5.57 and its 200-day moving average is $4.59.

SES (OTCMKTS:SGBAF) last announced its earnings results on Wednesday, April 30th. The company reported $0.09 EPS for the quarter. The firm had revenue of $535.45 million for the quarter. SES had a positive return on equity of 6.16% and a negative net margin of 83.41%. On average, analysts predict that SES will post 0.41 earnings per share for the current 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.