Ses S.A. (OTCMKTS:SGBAF – Get Free Report) shares saw strong trading volume on Wednesday. 30,490 shares traded hands during trading, an increase of 866% from the average daily volume of 3,156 shares. The stock last traded at $5.2377 and had previously closed at $4.84.
Wall Street Analyst Weigh In
SGBAF has been the subject of a number of recent research reports. Zacks Research raised shares of SES to a “hold” rating in a research note on Wednesday, July 29th. New Street Research raised shares of SES from a “sell” rating to a “neutral” rating in a research note on Monday, October 26th. Finally, Oddo Bhf raised shares of SES to an “outperform” rating in a report on Thursday, October 15th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.
Check Out Our Latest Research Report on SES
SES Stock Performance
The company has a quick ratio of 0.95, a current ratio of 1.04 and a debt-to-equity ratio of 2.05. The stock has a market cap of $2.92 billion, a P/E ratio of -7.59 and a beta of 1.02. The stock has a fifty day simple moving average of $4.91 and a 200-day simple moving average of $7.15.
SES (OTCMKTS:SGBAF – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.01 EPS for the quarter. SES had a negative return on equity of 6.35% and a negative net margin of 6.62%. The company had revenue of $1 billion during the quarter.
About SES
SES is a satellite communications company headquartered in Betzdorf, Luxembourg. It provides connectivity and video distribution services to businesses, governments, broadcasters and other organizations around the world. The company operates satellites in geostationary and medium Earth orbits, including its O3b mPOWER system. Its services support applications such as television and media delivery, broadband connectivity, mobile communications, and network services for aviation, maritime and government customers.
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