SES (OTCMKTS:SGBAF) Raised to “Hold” at Zacks Research

SES (OTCMKTS:SGBAF) was upgraded by analysts at Zacks Research to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

SGBAF has been the topic of several other research reports. Barclays cut SES from an “equal weight” rating to an “underweight” rating in a research note on Monday, July 6th. New Street Research cut shares of SES from a “neutral” rating to a “sell” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

SES Stock Performance

SGBAF opened at $6.52 on Wednesday. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of -14.82 and a beta of 0.99. The business’s 50-day moving average price is $8.93 and its two-hundred day moving average price is $8.17. SES has a 1 year low of $5.52 and a 1 year high of $11.40. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings data on Thursday, July 30th. The company reported ($0.32) earnings per share for the quarter. SES had a positive return on equity of 0.82% and a negative net margin of 4.96%. Equities analysts expect that SES will post 0.05 EPS for the current fiscal year.

SES Company Profile

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.