SES (OTCMKTS:SGBAF) Shares Gap Up – Here’s What Happened

Ses S.A. (OTCMKTS:SGBAF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $5.91, but opened at $6.2850. SES shares last traded at $6.2850, with a volume of 104 shares.

SES Stock Up 0.2%

The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of -18.00 and a beta of 0.77. The firm has a 50-day moving average of $7.10 and a 200 day moving average of $6.90. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67.

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

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.