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

SES (OTCMKTS:SGBAF) was upgraded by Barclays to a “strong-buy” rating in a report issued on Wednesday, Zacks.com reports.

SES Stock Performance

SGBAF stock opened at $5.32 on Wednesday. SES has a twelve month low of $4.51 and a twelve month high of $6.77. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The company has a market cap of $2.96 billion, a P/E ratio of -2.40 and a beta of 1.21. The business’s fifty day moving average is $5.22 and its 200-day moving average is $5.50.

SES (OTCMKTS:SGBAF) last released its earnings results on Thursday, August 1st. The company reported $0.08 earnings per share for the quarter. SES had a positive return on equity of 8.57% and a negative net margin of 45.07%. The firm had revenue of $516.68 million for the quarter. Equities research analysts forecast that SES will post 0.62 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.