SES (OTCMKTS:SGBAF) Reaches New 52-Week High – Time to Buy?

Ses S.A. (OTCMKTS:SGBAF)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $8.60 and last traded at $8.60, with a volume of 1150 shares changing hands. The stock had previously closed at $7.52.

SES Stock Performance

The company has a market cap of $4.79 billion, a price-to-earnings ratio of -24.57 and a beta of 0.77. The firm has a 50-day simple moving average of $6.65 and a 200 day simple moving average of $6.99. The company has a quick ratio of 2.31, a current ratio of 2.33 and a debt-to-equity ratio of 1.67.

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

SES Company Profile

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.