SES (OTCMKTS:SGBAF) Shares Gap Up – Still a Buy?

Ses S.A. (OTCMKTS:SGBAF)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $8.33, but opened at $8.9044. SES shares last traded at $8.9044, with a volume of 100 shares changing hands.

SES Price Performance

The firm has a market cap of $5.14 billion, a PE ratio of -27.94 and a beta of 0.86. The stock has a 50 day simple moving average of $7.45 and a two-hundred day simple moving average of $7.20. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.80 and a current ratio of 0.87.

SES (OTCMKTS:SGBAF) last posted its earnings results on Tuesday, May 12th. The company reported $0.04 EPS for the quarter. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%. Sell-side analysts expect that Ses S.A. will post 0.05 earnings per share for the current year.

About SES

SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.