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

SES (OTCMKTS:SGBAF - Get Free Report) was upgraded by equities researchers at New Street Research to a "hold" rating in a research report issued on Monday,Zacks.com reports.

SES Trading Down 0.2%

OTCMKTS:SGBAF traded down $0.01 during trading hours on Monday, hitting $6.05. 1,760 shares of the stock were exchanged, compared to its average volume of 2,437. The company's 50 day moving average is $5.56 and its two-hundred day moving average is $4.58. The company has a market capitalization of $3.37 billion, a P/E ratio of -1.45 and a beta of 0.65. SES has a twelve month low of $2.94 and a twelve month high of $6.57. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95.

SES (OTCMKTS:SGBAF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $535.45 million during the quarter. SES had a positive return on equity of 6.16% and a negative net margin of 83.41%. On average, sell-side 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.