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

Key Points

• SES traded 2,404 shares on Monday and was last quoted at $8.62, up from the prior close of $7.69, though volume was down about 19% from the previous session's 2,969 shares.
• In its most recent quarter SES reported ($0.09) EPS on $1.03 billion in revenue, with a negative net margin (-4.07%) and a negative PE of -26.36; sell-side analysts forecast EPS of about 0.05 for the current fiscal year.
• SES is a leading global satellite operator (ASTRA, SES and O3b) providing geostationary and medium-earth-orbit services to broadcast, telecom, maritime, aviation and government customers worldwide.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) saw strong trading volume on Monday . 2,404 shares changed hands during trading, a decline of 19% from the previous session's volume of 2,969 shares.The stock last traded at $8.62 and had previously closed at $7.69.

SES Price Performance

The company has a 50-day moving average price of $7.35 and a two-hundred day moving average price of $7.15. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80. The company has a market cap of $4.85 billion, a PE ratio of -26.36 and a beta of 0.86.

SES (OTCMKTS:SGBAF - Get Free Report) last issued its earnings results on Monday, March 2nd. The company reported ($0.09) earnings per share for the quarter. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%.The company had revenue of $1.03 billion during the quarter. Sell-side analysts expect that Ses S.A. will post 0.05 earnings per share for the current fiscal year.

About SES

SES OTCMKTS: SGBAF is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.

The company's video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.

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