SES (OTCMKTS:SGBAF) Reaches New 1-Year High - Time to Buy?

Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.71 and last traded at $7.71, with a volume of 6992 shares changing hands. The stock had previously closed at $7.39.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SGBAF. Berenberg Bank raised shares of SES to a "strong-buy" rating in a research note on Thursday, June 26th. New Street Research raised shares of SES to a "hold" rating in a research note on Monday, June 9th.

SES Price Performance

The company has a quick ratio of 2.79, a current ratio of 2.83 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of -71.80 and a beta of 0.71. The stock's 50 day moving average price is $6.21 and its two-hundred day moving average price is $5.11.

SES (OTCMKTS:SGBAF - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share for the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 3.78%. The business had revenue of $535.45 million for the quarter. Analysts anticipate that Ses S.A. will post 0.41 EPS for the current fiscal year.

SES Company Profile

SES SA provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to the aviation, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries.