Short Interest in Ses S.A. (OTCMKTS:SGBAF) Grows By 36.7%

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 52,100 shares, a growth of 36.7% from the March 15th total of 38,100 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 19.3 days.

SES Stock Down 4.3 %

OTCMKTS:SGBAF traded down $0.24 during midday trading on Wednesday, reaching $5.30. The company had a trading volume of 200 shares, compared to its average volume of 2,716. SES has a 12-month low of $2.94 and a 12-month high of $6.57. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of -1.27 and a beta of 0.71. 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's fifty day simple moving average is $5.34 and its 200-day simple moving average is $4.21.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of SES from a "strong-buy" rating to a "hold" rating in a report on Friday, January 24th.

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.