SES (OTCMKTS:SGBAF) Sees Unusually-High Trading Volume – Here’s What Happened

Ses S.A. (OTCMKTS:SGBAF – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 13,915 shares traded hands during trading, an increase of 379% from the previous session’s volume of 2,907 shares.The stock last traded at $9.89 and had previously closed at $9.70.

Analyst Ratings Changes

Separately, New Street Research started coverage on SES in a research report on Wednesday, May 13th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

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SES Stock Performance

The stock has a 50-day simple moving average of $7.75 and a 200-day simple moving average of $7.29. The company has a market capitalization of $5.68 billion, a price-to-earnings ratio of -23.18 and a beta of 0.86. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 2.03.

SES (OTCMKTS:SGBAF – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.04 earnings per share (EPS) for the quarter. SES had a positive return on equity of 0.82% and a negative net margin of 4.96%.The company had revenue of $991.17 million for the quarter. On average, analysts anticipate that Ses S.A. will post 0.05 earnings per share for the current year.

SES Company Profile

(Get Free Report)

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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