Ses S.A. (OTCMKTS:SGBAF – Get Free Report)’s share price gapped up before the market opened on Friday. The stock had previously closed at $4.1882, but opened at $4.60. SES shares last traded at $4.60, with a volume of 1,428 shares changing hands.
Wall Street Analysts Forecast Growth
Several research firms recently commented on SGBAF. Zacks Research raised shares of SES to a “hold” rating in a report on Wednesday, July 29th. Oddo Bhf upgraded shares of SES to an “outperform” rating in a report on Thursday. Finally, Barclays cut shares of SES from an “equal weight” rating to an “underweight” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.
View Our Latest Research Report on SGBAF
SES Stock Up 9.5%
The stock has a market cap of $2.56 billion, a PE ratio of -5.23 and a beta of 1.02. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.95 and a current ratio of 1.04. The company’s 50-day moving average price is $5.38 and its 200 day moving average price is $7.37.
SES (OTCMKTS:SGBAF – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.32) earnings per share (EPS) for the quarter. The business had revenue of $877.72 million for the quarter. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%. As a group, analysts forecast that Ses S.A. will post 0.05 EPS for the current fiscal year.
SES Company Profile
SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network, combining geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) satellites to support broadband communications, video distribution and other data-intensive applications.
SES serves broadcasters, telecommunications operators, governments, enterprises and organizations in the aviation and maritime industries.
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