SES (OTCMKTS:SGBAF) Sees Large Volume Increase – Should You Buy?

Shares of Ses S.A. (OTCMKTS:SGBAF) saw strong trading volume on Thursday . 9,456 shares traded hands during mid-day trading, an increase of 263% from the previous session’s volume of 2,606 shares.The stock last traded at $6.31 and had previously closed at $6.35.

SES Trading Up 2.4%

The firm has a 50-day moving average of $6.82 and a two-hundred day moving average of $6.94. The firm has a market capitalization of $3.35 billion, a P/E ratio of -17.20 and a beta of 0.77. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.02) earnings per share for the quarter. SES had a negative net margin of 5.27% and a positive return on equity of 4.97%. The company had revenue of $898.90 million during the quarter. On average, analysts anticipate that Ses S.A. will post 0.41 EPS for the current year.

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.