SES (OTCMKTS:SGBAF) Shares Gap Down - Time to 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)'s stock price gapped down before the market opened 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 changing hands.

Analysts Set New Price Targets

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

SES Stock Down 4.3%

The firm has a market capitalization of $3.79 billion, a P/E ratio of -68.00 and a beta of 0.71. The firm's 50-day moving average is $6.73 and its 200 day moving average is $5.53. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.79 and a current ratio of 2.83.

SES (OTCMKTS:SGBAF - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.10 EPS for the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 3.78%. As a group, equities research analysts predict that SES S.A. will post 0.41 EPS 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.