SES (OTCMKTS:SGBAF) Shares Gap Up – Time to Buy?

Ses S.A. (OTCMKTS:SGBAF – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $8.16, but opened at $8.4190. SES shares last traded at $8.46, with a volume of 1,700 shares.

Analyst Ratings Changes

Separately, New Street Research cut SES from a “neutral” rating to a “sell” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

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SES Stock Performance

The company has a market capitalization of $4.71 billion, a P/E ratio of -19.23 and a beta of 0.95. The stock’s fifty day moving average price is $8.95 and its 200-day moving average price is $7.79. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.80 and a current ratio of 0.87.

SES (OTCMKTS:SGBAF – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.04 EPS for the quarter. The business had revenue of $991.17 million during the quarter. SES had a positive return on equity of 0.82% and a negative net margin of 4.96%.

SES Company Profile

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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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