SES (OTCMKTS:SGBAF) Shares Gap Up – What’s Next?

Ses S.A. (OTCMKTS:SGBAF – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $9.50, but opened at $9.90. SES shares last traded at $9.90, with a volume of 200 shares traded.

Wall Street Analysts Forecast Growth

Separately, New Street Research cut shares of SES from a “neutral” rating to a “sell” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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Read Our Latest Stock Analysis on SES

SES Stock Up 4.2%

The stock has a fifty day moving average of $8.48 and a 200 day moving average of $7.55. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80. The firm has a market capitalization of $5.52 billion, a P/E ratio of -22.50 and a beta of 0.95.

SES (OTCMKTS:SGBAF – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $991.17 million during the quarter. On average, research analysts anticipate that Ses S.A. will post 0.05 EPS for the current fiscal 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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