SES (OTCMKTS:SGBAF) Shares Gap Down – What’s Next?

Ses S.A. (OTCMKTS:SGBAF)’s share price gapped down before the market opened on Monday . The stock had previously closed at $6.2050, but opened at $5.88. SES shares last traded at $5.88, with a volume of 300 shares traded.

SES Stock Performance

The company has a 50-day simple moving average of $6.92 and a two-hundred day simple moving average of $6.94. The company has a quick ratio of 2.31, a current ratio of 2.33 and a debt-to-equity ratio of 1.67. The firm has a market cap of $3.28 billion, a PE ratio of -16.80 and a beta of 0.77.

SES (OTCMKTS:SGBAF) last announced its earnings results on Thursday, November 6th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $898.90 million for the quarter. SES had a negative net margin of 5.27% and a positive return on equity of 4.97%. As a group, equities research analysts forecast that Ses S.A. will post 0.41 earnings per share for the current year.

About SES

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.