SES (OTCMKTS:SGBAF) Stock Price Down 4.3% - Time to Sell?

Key Points

• SES S.A. shares fell by 4.3% to $6.80, with a notable increase in trading volume to 1,546 shares.
• Equities analysts have upgraded SES to "strong-buy" and "hold" ratings, indicating potential growth prospects.
• The company's recent earnings report showed a net margin of -1.45% and analysts expect 0.41 EPS for the current year.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) was down 4.3% on Thursday . The company traded as low as $6.80 and last traded at $6.80. Approximately 1,546 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 1,388 shares. The stock had previously closed at $7.11.

Analyst Ratings Changes

SGBAF has been the subject of several research reports. Berenberg Bank raised SES to a "strong-buy" rating in a research report on Thursday, June 26th. New Street Research raised SES to a "hold" rating in a research report on Monday, June 9th.

SES Trading Up 4.0%

The company has a market cap of $3.94 billion, a P/E ratio of -47.13 and a beta of 0.71. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The business has a 50 day moving average price of $6.75 and a 200-day moving average price of $5.59.

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

SES Company Profile

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.