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SES (OTCMKTS:SGBAF) Sees Large Volume Increase - Still a Buy?

SES logo with Computer and Technology background

Shares of Ses S.A. (OTCMKTS:SGBAF - Get Free Report) saw an uptick in trading volume on Thursday . 43,526 shares traded hands during mid-day trading, an increase of 1,705% from the previous session's volume of 2,411 shares.The stock last traded at $7.00 and had previously closed at $6.81.

Wall Street Analyst Weigh In

Separately, New Street Research upgraded shares of SES to a "hold" rating in a report on Monday, June 9th.

Read Our Latest Analysis on SGBAF

SES Stock Performance

The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.79 and a current ratio of 2.83. The company has a market cap of $3.90 billion, a P/E ratio of -70.00 and a beta of 0.65. The firm has a 50 day moving average price of $5.79 and a 200-day moving average price of $4.81.

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

SES Company Profile

(Get Free Report)

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.

Further Reading

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