SES (OTCMKTS:SGBAF) Rating Increased to Strong-Buy at Berenberg Bank

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

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

SES Stock Down 0.6%

Shares of SES stock traded down $0.04 during trading on Thursday, reaching $7.11. 854 shares of the company traded hands, compared to its average volume of 3,186. The company has a debt-to-equity ratio of 1.22, a current ratio of 2.83 and a quick ratio of 2.79. SES has a 1-year low of $2.94 and a 1-year high of $7.50. The company has a 50 day moving average price of $5.89 and a 200-day moving average price of $4.91. The firm has a market capitalization of $3.96 billion, a PE ratio of -71.07 and a beta of 0.65.

SES (OTCMKTS:SGBAF - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 3.78%. The company had revenue of $535.45 million for the quarter. As a group, equities research analysts expect 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.