SES (OTCMKTS:SGBAF) Shares Down 4.8% – Should You Sell?

Shares of Ses S.A. (OTCMKTS:SGBAF) fell 4.8% during trading on Friday . The company traded as low as $5.84 and last traded at $5.84. 825 shares were traded during trading, a decline of 70% from the average daily volume of 2,775 shares. The stock had previously closed at $6.1340.

Analysts Set New Price Targets

SGBAF has been the topic of a number of research reports. New Street Research lowered shares of SES from a “neutral” rating to a “sell” rating in a report on Tuesday, June 2nd. Barclays lowered shares of SES from an “equal weight” rating to an “underweight” rating in a report on Monday, July 6th. Finally, Zacks Research raised shares of SES to a “hold” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, SES presently has an average rating of “Sell”.

SES Stock Down 7.8%

The company has a market cap of $3.15 billion, a P/E ratio of -6.43 and a beta of 1.01. The stock’s 50-day moving average price is $7.77 and its 200-day moving average price is $8.03. The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05.

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

SES Company Profile

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.