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

Shares of Ses S.A. (OTCMKTS:SGBAFGet Free Report) saw an uptick in trading volume on Thursday . 9,456 shares were traded during trading, an increase of 263% from the previous session’s volume of 2,606 shares.The stock last traded at $6.31 and had previously closed at $6.35.

SES Price Performance

The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The stock has a market cap of $3.35 billion, a P/E ratio of -17.20 and a beta of 0.77. The stock’s 50-day moving average is $6.75 and its 200-day moving average is $6.93.

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

About SES

(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.

Further Reading

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