Short Interest in Ses S.A. (OTCMKTS:SGBAF) Decreases By 21.9%

Ses S.A. (OTCMKTS:SGBAF) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 104,200 shares, a decrease of 21.9% from the November 15th total of 133,500 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 34.7 days.

SES Price Performance

Shares of OTCMKTS:SGBAF traded up $0.10 during trading on Friday, reaching $3.40. The stock had a trading volume of 16,040 shares, compared to its average volume of 2,935. The stock has a market capitalization of $1.89 billion, a PE ratio of -0.81 and a beta of 1.26. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. SES has a 52 week low of $3.24 and a 52 week high of $6.77. The business’s 50-day moving average price is $3.86 and its 200 day moving average price is $4.78.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of SES to a “strong-buy” rating in a report on Wednesday, October 2nd.

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.