SES (OTCMKTS:SGBAF) Sets New 52-Week High - Still a Buy?

Key Points

• SES S.A. stock hit a new 52-week high of $8.70 (last traded $8.65), rising about 4.3% in mid-day trading on volume of roughly 3,901 shares.
• In the latest quarter SES reported a loss of $0.09 EPS on $1.03 billion in revenue, with a negative net margin of 4.07% while analysts forecast about $0.05 EPS for the current year.
• SES is a global satellite operator (ASTRA and O3b) serving broadcast, telecom, maritime, aviation and government clients, but it faces elevated leverage (debt-to-equity 2.03) and tight liquidity (current ratio 0.87).

Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $8.70 and last traded at $8.65, with a volume of 3901 shares trading hands. The stock had previously closed at $8.29.

SES Stock Up 4.3%

The company has a market cap of $4.82 billion, a P/E ratio of -26.21 and a beta of 0.86. The company has a 50 day moving average of $7.35 and a 200-day moving average 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.

SES (OTCMKTS:SGBAF - Get Free Report) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $1.03 billion for the quarter. SES had a negative net margin of 4.07% and a positive return on equity of 2.57%. On average, equities analysts predict that Ses S.A. will post 0.05 earnings per share for the current 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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