SES (OTCMKTS:SGBAF) Announces Quarterly Earnings Results

SES (OTCMKTS:SGBAF) issued its earnings results on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. SES had a negative net margin of 83.41% and a positive return on equity of 6.16%.

SES Price Performance

Shares of SGBAF remained flat at $3.84 during mid-day trading on Wednesday. The stock had a trading volume of 39 shares, compared to its average volume of 2,306. The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of -0.92 and a beta of 1.26. The business has a 50-day simple moving average of $3.43 and a 200-day simple moving average of $4.10. SES has a 52-week low of $2.94 and a 52-week high of $6.77.

Analyst Ratings Changes

Separately, Barclays cut shares of SES from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th.

SES Company Profile

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.