SES (OTCMKTS:SGBAF) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research cut shares of SES (OTCMKTS:SGBAF) from a hold rating to a sell rating in a research note issued to investors on Tuesday, Zacks.com 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 upgraded SES from a hold rating to a buy rating in a research note on Saturday, October 5th.

SGBAF opened at $13.25 on Tuesday. The business’s 50-day simple moving average is $17.15 and its 200 day simple moving average is $16.34. SES has a 52-week low of $12.26 and a 52-week high of $21.65.

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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