SES (OTCMKTS:SGBAF – Get Free Report) issued its earnings results on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%.
SES Trading Up 6.9%
Shares of OTCMKTS:SGBAF traded up $0.57 during trading hours on Tuesday, hitting $8.90. 100 shares of the company’s stock traded hands, compared to its average volume of 2,834. SES has a 1 year low of $5.14 and a 1 year high of $9.01. The business has a fifty day moving average price of $7.45 and a 200-day moving average price of $7.20. The firm has a market capitalization of $4.96 billion, a P/E ratio of -26.98 and a beta of 0.86. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80.
SES Company Profile
SES (OTCMKTS:SGBAF) is a leading global satellite operator headquartered in Betzdorf, Luxembourg. The company provides end-to-end satellite communications services, leveraging a fleet of geostationary satellites under the ASTRA and SES brands, as well as medium-earth orbit satellites through its O3b network. SES serves a diverse range of customers in the broadcast, telecom, maritime, aviation and government sectors, delivering managed video distribution and high-throughput data connectivity solutions worldwide.
The company’s video business enables broadcasters and content distributors to reach television audiences across Europe, North America, Latin America, Asia-Pacific and Africa.
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