SES (OTCMKTS:SGBAF) Shares Gap Down – Here’s What Happened

Ses S.A. (OTCMKTS:SGBAF) gapped down prior to trading on Monday . The stock had previously closed at $5.99, but opened at $5.65. SES shares last traded at $5.65, with a volume of 3,000 shares traded.

SES Trading Up 3.7%

The company has a debt-to-equity ratio of 1.67, a quick ratio of 2.31 and a current ratio of 2.33. The stock has a market capitalization of $3.27 billion, a P/E ratio of -16.74 and a beta of 0.80. The stock has a 50-day moving average price of $7.30 and a two-hundred day moving average price of $6.85.

SES (OTCMKTS:SGBAF) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.02) EPS for the quarter. The business had revenue of $898.90 million during the quarter. SES had a positive return on equity of 4.97% and a negative net margin of 5.27%. On average, research analysts forecast that Ses S.A. will post 0.41 EPS for the current fiscal year.

About SES

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.