SES (OTCMKTS:SGBAF) Trading Down 0.1% - Here's Why

Key Points

• SES S.A. (OTCMKTS:SGBAF) saw a slight decline of 0.1% on Friday, trading at $6.85, with a significant drop in trading volume, down 71% from its average.
• The stock has recently been rated with a consensus of "Moderate Buy" after upgrades from Berenberg Bank and New Street Research, with one analyst giving a Strong Buy rating.
• In its latest quarterly earnings, SES reported earnings per share of $0.10 and a revenue of $532.14 million, though it also posted a negative net margin of -2.22%.

Ses S.A. (OTCMKTS:SGBAF - Get Free Report)'s stock price was down 0.1% on Friday . The company traded as low as $6.85 and last traded at $6.85. Approximately 1,066 shares traded hands during trading, a decline of 71% from the average daily volume of 3,631 shares. The stock had previously closed at $6.86.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SGBAF shares. New Street Research raised SES to a "hold" rating in a research report on Monday, June 9th. Berenberg Bank raised SES to a "strong-buy" rating in a report on Thursday, June 26th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

SES Trading Up 0.7%

The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The firm has a market cap of $3.84 billion, a P/E ratio of -45.98 and a beta of 0.71. The business has a 50 day moving average of $7.12 and a two-hundred day moving average of $6.02.

SES (OTCMKTS:SGBAF - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.10 EPS for the quarter. The company had revenue of $532.14 million for the quarter. SES had a positive return on equity of 4.26% and a negative net margin of 2.22%. Analysts predict 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.