SES (OTCMKTS:SGBAF) Shares Gap Down - Should You Sell?

Key Points

• SES (OTCMKTS:SGBAF) shares gapped down 7.96% on Monday, opening at $6.80 after closing at $7.39.
• Berenberg Bank upgraded SES to a "strong-buy" rating, while New Street Research upgraded it to a "hold" rating in recent analyst reports.
• SES has a market cap of $3.96 billion, with a reported EPS of $0.09 for the last quarter and an expectation of 0.41 EPS for the current year.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $7.39, but opened at $6.80. SES shares last traded at $6.83, with a volume of 3,000 shares traded.

Analyst Ratings Changes

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

SES Trading Down 3.8%

The stock has a market cap of $3.96 billion, a PE ratio of -71.06 and a beta of 0.71. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.79 and a current ratio of 2.83. The stock has a fifty day moving average price of $6.61 and a 200 day moving average price of $5.46.

SES (OTCMKTS:SGBAF - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.09 EPS for the quarter. The firm had revenue of $535.45 million during the quarter. SES had a positive return on equity of 3.78% and a negative net margin of 1.45%. Equities analysts expect that Ses S.A. will post 0.41 EPS for the current 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.

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