SES (OTCMKTS:SGBAF) Sees Strong Trading Volume - Time to Buy?

Key Points

• SES S.A. shares experienced a 581% increase in trading volume, with 19,620 shares traded on a recent Monday, up from 2,879 shares the previous session.
• The stock was upgraded to a "strong-buy" rating by Berenberg Bank and a "hold" rating by New Street Research, indicating a positive outlook from analysts.
• SES reported earnings of $0.10 per share for the last quarter, with revenue of $532.14 million, despite a negative net margin of 2.22%.

Shares of Ses S.A. (OTCMKTS:SGBAF - Get Free Report) saw an uptick in trading volume on Monday . 19,620 shares were traded during trading, an increase of 581% from the previous session's volume of 2,879 shares.The stock last traded at $7.07 and had previously closed at $6.80.

Analyst Ratings Changes

Several research firms have recently commented on SGBAF. Berenberg Bank upgraded SES to a "strong-buy" rating in a report on Thursday, June 26th. New Street Research upgraded SES to a "hold" rating in a report on Monday, June 9th.

SES Price Performance

The firm has a market capitalization of $3.94 billion, a PE ratio of -47.13 and a beta of 0.71. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The business has a 50-day moving average of $6.75 and a 200 day moving average of $5.59.

SES (OTCMKTS:SGBAF - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $532.14 million during the quarter. SES had a positive return on equity of 4.26% and a negative net margin of 2.22%. As a group, research 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.

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