SES (OTCMKTS:SGBAF) Shares Up 6.5% - Should You Buy?

Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s share price rose 6.5% on Thursday . The stock traded as high as $7.40 and last traded at $7.40. Approximately 2,589 shares were traded during trading, a decline of 7% from the average daily volume of 2,776 shares. The stock had previously closed at $6.95.

Analysts Set New Price Targets

A number of equities analysts recently commented on SGBAF shares. New Street Research upgraded SES to a "hold" rating in a report on Monday, June 9th. Berenberg Bank raised SES to a "strong-buy" rating in a research report on Thursday, June 26th.

SES Price Performance

The business has a 50-day simple moving average of $6.40 and a two-hundred day simple moving average of $5.32. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of -73.49 and a beta of 0.71. The company has a quick ratio of 2.79, a current ratio of 2.83 and a debt-to-equity ratio of 1.22.

SES (OTCMKTS:SGBAF - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.09 earnings per share (EPS) for the quarter. SES had a negative net margin of 1.45% and a positive return on equity of 3.78%. The company had revenue of $535.45 million during the quarter. As a group, research analysts predict 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.