SES (OTCMKTS:SGBAF) Hits New 12-Month High – Time to Buy?

Ses S.A. (OTCMKTS:SGBAF) shares reached a new 52-week high during trading on Thursday . The company traded as high as $9.70 and last traded at $9.70, with a volume of 2950 shares trading hands. The stock had previously closed at $9.00.

Analyst Ratings Changes

Separately, New Street Research initiated coverage on shares of SES in a research report on Wednesday, May 13th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

SES Stock Performance

The stock has a fifty day simple moving average of $7.69 and a 200-day simple moving average of $7.28. The stock has a market cap of $5.40 billion, a P/E ratio of -22.05 and a beta of 0.86. 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 released its earnings results on Tuesday, May 12th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $991.17 million during the quarter. SES had a positive return on equity of 0.82% and a negative net margin of 4.96%. On average, equities analysts expect that Ses S.A. will post 0.05 earnings per share for the current year.

SES Company Profile

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.