SES (OTCMKTS:SGBAF) Trading 6.5% Higher - Time to Buy?

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

Wall Street Analyst Weigh In

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

SES Price Performance

The company's 50 day moving average price is $6.33 and its 200-day moving average price is $5.23. The stock has a market cap of $4.10 billion, a P/E ratio of -73.50 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 firm had revenue of $535.45 million during the quarter. As a group, sell-side analysts expect that SES S.A. will post 0.41 earnings per share 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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