Ses S.A. (OTCMKTS:SGBAF - Get Free Report) was down 7.2% during trading on Wednesday . The company traded as low as $7.10 and last traded at $7.10. Approximately 200 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 700 shares. The stock had previously closed at $7.65.
Wall Street Analyst Weigh In
Separately, Berenberg Bank upgraded SES to a "strong-buy" rating in a research report on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".
Read Our Latest Stock Analysis on SGBAF
SES Stock Down 7.2%
The stock has a 50 day moving average price of $7.11 and a 200 day moving average price of $6.49. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of -47.33 and a beta of 0.75. The company has a quick ratio of 2.31, a current ratio of 2.33 and a debt-to-equity ratio of 1.67.
SES (OTCMKTS:SGBAF - Get Free Report) last posted its quarterly earnings data 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%. As a group, analysts forecast that Ses S.A. will post 0.41 EPS for the current year.
About SES
(
Get Free Report)
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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