Ses S.A. (OTCMKTS:SGBAF) Short Interest Down 31.8% in February

Ses S.A. (OTCMKTS:SGBAF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 81,000 shares, a drop of 31.8% from the February 13th total of 118,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,400 shares, the short-interest ratio is presently 33.8 days.

Analyst Upgrades and Downgrades

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

SES Trading Down 3.0 %

Shares of SES stock opened at $5.94 on Friday. 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 firm has a fifty day moving average price of $4.02 and a 200 day moving average price of $4.13. SES has a 1 year low of $2.94 and a 1 year high of $6.77. The stock has a market cap of $3.31 billion, a PE ratio of -1.42 and a beta of 1.22.

About SES

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.