SES (OTCMKTS:SGBAF) Shares Gap Up – Should You Buy?

Ses S.A. (OTCMKTS:SGBAF) gapped up before the market opened on Thursday . The stock had previously closed at $7.7050, but opened at $8.29. SES shares last traded at $8.29, with a volume of 600 shares trading hands.

SES Trading Up 7.6%

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 stock’s 50 day moving average is $7.34 and its 200-day moving average is $7.15. The company has a market capitalization of $4.62 billion, a P/E ratio of -25.12 and a beta of 0.79.

SES (OTCMKTS:SGBAF) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.09) EPS for the quarter. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%.The company had revenue of $1.03 billion during the quarter. As a group, equities research analysts anticipate that Ses S.A. will post 0.05 earnings per share for the current year.

About SES

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.