SES (OTCMKTS:SGBAF) Announces Earnings Results

SES (OTCMKTS:SGBAF) posted its quarterly earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, Zacks reports. The company had revenue of $1 billion for the quarter. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%.

SES Price Performance

SGBAF stock remained flat at $4.62 during midday trading on Friday. 21 shares of the company’s stock were exchanged, compared to its average volume of 4,460. The stock’s fifty day simple moving average is $4.97 and its 200-day simple moving average is $7.20. SES has a 1 year low of $4.10 and a 1 year high of $11.40. The company has a market cap of $2.57 billion, a P/E ratio of -5.25 and a beta of 1.02. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.04 and a quick ratio of 0.95.

Analyst Ratings Changes

Several analysts have recently issued reports on SGBAF shares. New Street Research raised shares of SES from a “sell” rating to a “neutral” rating in a research note on Monday, October 26th. Oddo Bhf raised SES to an “outperform” rating in a research report on Thursday, October 15th. Finally, Zacks Research upgraded SES to a “hold” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, SES has a consensus rating of “Hold”.

About SES

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 that combines geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) systems, supporting communications across regions and applications.

SES serves media and telecommunications companies, governments, enterprises, and mobility customers. Its services include television and video distribution, broadband connectivity, network services, cloud and data connectivity, and communications for aircraft, ships, and remote locations.