SES (OTCMKTS:SGBAF) Trading 9.4% Higher – Still a Buy?

Shares of Ses S.A. (OTCMKTS:SGBAF) rose 9.4% on Friday . The stock traded as high as $3.95 and last traded at $3.95. Approximately 12,613 shares changed hands during trading, an increase of 465% from the average daily volume of 2,232 shares. The stock had previously closed at $3.61.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of SES from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th.

SES Stock Performance

The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. The stock has a fifty day moving average price of $3.25 and a two-hundred day moving average price of $4.20. The company has a market cap of $2.20 billion, a P/E ratio of -0.94 and a beta of 1.26.

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.