SES (OTCMKTS:SGBAF) Sees Strong Trading Volume - Here's Why

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 3,000 shares traded hands during trading, an increase of 24% from the previous session's volume of 2,424 shares.The stock last traded at $6.17 and had previously closed at $6.27.

Analyst Ratings Changes

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

SES Trading Up 10.2%

The firm has a market capitalization of $3.90 billion, a PE ratio of -70.00 and a beta of 0.65. The company's 50-day simple moving average is $5.71 and its 200 day simple moving average is $4.74. The company has a quick ratio of 2.79, a current ratio of 2.83 and a debt-to-equity ratio of 1.22.

SES (OTCMKTS:SGBAF - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.09 EPS for the quarter. The business had revenue of $535.45 million during the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 2.52%. As a group, sell-side analysts expect that Ses S.A. will post 0.41 EPS for the current 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.