SES (OTCMKTS:SGBAF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Ses S.A. (OTCMKTS:SGBAF – Get Free Report) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $4.90 and traded as high as $5.2377. SES shares last traded at $5.2377, with a volume of 30,790 shares traded.

Analyst Upgrades and Downgrades

SGBAF has been the subject of several research reports. Zacks Research upgraded SES to a “hold” rating in a research report on Wednesday, July 29th. New Street Research raised SES from a “sell” rating to a “neutral” rating in a research note on Monday, October 26th. Finally, Oddo Bhf upgraded SES to an “outperform” rating in a report on Thursday, October 15th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Report on SES

SES Stock Performance

The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05. The company’s 50-day simple moving average is $4.90 and its 200-day simple moving average is $7.13. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of -7.59 and a beta of 1.02.

SES (OTCMKTS:SGBAF – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $1 billion during the quarter. SES had a negative net margin of 6.62% and a negative return on equity of 6.35%.

SES Company Profile

(Get Free Report)

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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