SES (OTCMKTS:SGBAF) Shares Gap Up - Time to Buy?

Key Points

• Shares gapped up pre-market — SES opened at $7.85 versus a prior close of $7.35 and last traded at $7.55 on very light volume (~600 shares).
• The company reported ($0.09) EPS for the quarter with a negative net margin (-4.07%), a negative P/E, and liquidity ratios below 1, while analysts forecast 0.41 EPS for the current fiscal year; debt-to-equity is relatively high at 2.03.
• SES is a leading global satellite operator (ASTRA and O3b networks) with a market capitalization of about $4.21 billion, serving broadcast, telecom, maritime, aviation and government customers worldwide.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $7.35, but opened at $7.85. SES shares last traded at $7.55, with a volume of 600 shares changing hands.

SES Stock Performance

The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. The company has a 50 day simple moving average of $7.44 and a 200-day simple moving average of $7.14. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of -22.88 and a beta of 0.79.

SES (OTCMKTS:SGBAF - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.09) earnings per share (EPS) for the quarter. SES had a negative net margin of 4.07% and a positive return on equity of 2.57%. The business had revenue of $1.03 billion during the quarter. As a group, equities research analysts expect that Ses S.A. will post 0.41 EPS for the current fiscal 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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