Ses S.A. (OTCMKTS:SGBAF – Get Free Report) saw an uptick in trading volume on Wednesday. Approximately 30,490 shares were traded during trading, an increase of 866% from the average daily volume of 3,156 shares. The stock last traded at $5.2377 and had previously closed at $4.84.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on SGBAF shares. Zacks Research raised SES to a “hold” rating in a report on Wednesday, July 29th. Oddo Bhf upgraded shares of SES to an “outperform” rating in a research report on Thursday, October 15th. Finally, New Street Research raised shares of SES from a “sell” rating to a “neutral” rating in a research note on Monday, October 26th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
SES Trading Down 2.1%
The stock has a fifty day moving average of $4.90 and a two-hundred day moving average of $7.12. The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05.
SES (OTCMKTS:SGBAF – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $0.01 EPS for the quarter. The company had revenue of $1 billion during the quarter. SES had a negative return on equity of 8.46% and a negative net margin of 6.62%.
SES Company Profile
SES is a satellite communications company headquartered in Betzdorf, Luxembourg. It provides connectivity and video distribution services to businesses, governments, broadcasters and other organizations around the world. The company operates satellites in geostationary and medium Earth orbits, including its O3b mPOWER system. Its services support applications such as television and media delivery, broadband connectivity, mobile communications, and network services for aviation, maritime and government customers.
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