SES (OTCMKTS:SGBAF) Sets New 1-Year High - What's Next?

Key Points

• SES S.A. (OTCMKTS:SGBAF) reached a new 52-week high of $7.92 during trading, with a closing price of $7.70.
• Equities research analysts have given SES a mixed outlook, with one maintaining a Strong Buy rating and two others issuing a Hold rating, leading to an average rating of Moderate Buy.
• The company reported earnings of $0.10 EPS and revenue of $532.14 million for the quarter ended July 31, indicating a negative net margin of 2.22% but a positive return on equity of 4.26%.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $7.92 and last traded at $7.92, with a volume of 500 shares traded. The stock had previously closed at $7.70.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Berenberg Bank raised shares of SES to a "strong-buy" rating in a report on Thursday, June 26th. New Street Research upgraded shares of SES to a "hold" rating in a research report on Monday, June 9th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

SES Stock Up 0.7%

The company has a debt-to-equity ratio of 1.67, a quick ratio of 2.31 and a current ratio of 2.33. The stock has a market capitalization of $4.32 billion, a price-to-earnings ratio of -51.70 and a beta of 0.75. The firm's fifty day simple moving average is $7.08 and its 200 day simple moving average is $6.43.

SES (OTCMKTS:SGBAF - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.10 EPS for the quarter. The firm had revenue of $532.14 million for the quarter. SES had a negative net margin of 2.22% and a positive return on equity of 4.26%. On average, sell-side analysts forecast that Ses S.A. will post 0.41 earnings per share 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.

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