SES (OTCMKTS:SGBAF) Stock Rating Lowered by Zacks Investment Research

SES (OTCMKTS:SGBAF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday, reports.

According to Zacks, “SES S.A. provides satellite broadband communications services. It offers video services, such as broadcasting, content distribution and occasional use and full-time video contribution services. The company also provides enterprise services, including enterprise broadband, infrastructure as a service, bandwidth, and customized connectivity and tailored services. SES S.A. is based in Luxembourg. “

Separately, ValuEngine raised SES from a “hold” rating to a “buy” rating in a report on Saturday, October 5th.

SGBAF stock opened at $13.25 on Tuesday. SES has a 1-year low of $12.26 and a 1-year high of $21.65. The business has a fifty day moving average price of $17.28 and a 200-day moving average price of $16.36.

About SES

SES SA provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. The company offers video services, such as broadcasting, content distribution, and occasional use and full-time content contribution and distribution services.

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