SES (OTCMKTS:SGBAF) Stock Rating Upgraded by Berenberg Bank

SES (OTCMKTS:SGBAF - Get Free Report) was upgraded by investment analysts at Berenberg Bank to a "strong-buy" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, New Street Research upgraded SES to a "hold" rating in a research report on Monday, June 9th.

SES Price Performance

SES stock opened at $7.00 on Thursday. The stock has a 50-day moving average price of $5.82 and a two-hundred day moving average price of $4.83. The company has a market capitalization of $3.90 billion, a PE ratio of -70.00 and a beta of 0.65. SES has a 12 month low of $2.94 and a 12 month high of $7.28. The company has a current ratio of 2.83, a quick ratio of 2.79 and a debt-to-equity ratio of 1.22.

SES (OTCMKTS:SGBAF - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter. SES had a positive return on equity of 3.78% and a negative net margin of 1.45%. The business had revenue of $535.45 million during the quarter. Analysts expect that SES will post 0.41 EPS 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.