SES (OTCMKTS:SGBAF) Trading 12.8% Higher – Here’s Why

Ses S.A. (OTCMKTS:SGBAF) shares traded up 12.8% on Friday . The stock traded as high as $6.77 and last traded at $6.77. 200 shares were traded during mid-day trading, a decline of 92% from the average session volume of 2,639 shares. The stock had previously closed at $6.00.

SES Stock Up 12.8%

The company’s fifty day simple moving average is $7.26 and its 200-day simple moving average is $6.84. The firm has a market capitalization of $3.77 billion, a PE ratio of -19.34 and a beta of 0.80. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.33 and a quick ratio of 2.31.

SES (OTCMKTS:SGBAF) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.02) earnings per share for the quarter. SES had a positive return on equity of 4.97% and a negative net margin of 5.27%.The business had revenue of $898.90 million during the quarter. On average, analysts forecast that Ses S.A. will post 0.41 EPS for the current year.

About SES

SES SA provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to the aviation, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries.