SES (OTCMKTS:SGBAF) Sees Large Volume Increase - Here's What Happened

Key Points

• SES S.A. experienced a significant increase in trading volume, with approximately 4,289 shares traded, a 54% rise from the previous day's volume.
• Analysts have given SES a "Moderate Buy" rating, with one firm rating it as a "Strong Buy" and others placing it at "Hold".
• For the last quarter, SES reported earnings of $0.10 per share and had revenue of $532.14 million, alongside a market capitalization of $4.07 billion.

SES S.A. (OTCMKTS:SGBAF - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 4,289 shares traded hands during mid-day trading, an increase of 54% from the previous session's volume of 2,784 shares.The stock last traded at $7.30 and had previously closed at $7.42.

Analyst Upgrades and Downgrades

SGBAF has been the subject of a number of research reports. New Street Research raised shares of SES to a "hold" rating in a report on Monday, June 9th. Berenberg Bank raised shares of SES to a "strong-buy" rating in a report on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

SES Price Performance

The company has a debt-to-equity ratio of 1.67, a quick ratio of 2.31 and a current ratio of 2.33. The company has a 50-day moving average of $7.07 and a 200-day moving average of $6.41. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of -48.66 and a beta of 0.73.

SES (OTCMKTS:SGBAF - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.10 earnings per share (EPS) for the quarter. SES had a positive return on equity of 4.26% and a negative net margin of 2.22%.The firm had revenue of $532.14 million for the quarter. As a group, equities research analysts expect that SES S.A. will post 0.41 earnings per share for the current fiscal year.

About SES

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.

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