SES (OTCMKTS:SGBAF) Hits New 52-Week High - Here's What Happened

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $7.28 and last traded at $7.28, with a volume of 248 shares changing hands. The stock had previously closed at $6.35.

Analyst Ratings Changes

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

SES Price Performance

The company has a current ratio of 2.83, a quick ratio of 2.79 and a debt-to-equity ratio of 1.22. The stock has a market cap of $3.90 billion, a PE ratio of -70.00 and a beta of 0.65. The business has a 50-day moving average price of $5.71 and a 200 day moving average price of $4.76.

SES (OTCMKTS:SGBAF - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.09 EPS for the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 2.52%. The company had revenue of $535.45 million during the quarter. As a group, research analysts forecast 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.