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

Ses S.A. (OTCMKTS:SGBAF)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $7.33, but opened at $8.46. SES shares last traded at $8.46, with a volume of 100 shares trading hands.

Wall Street Analyst Weigh In

Separately, New Street Research cut SES from a “neutral” rating to a “sell” rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

SES Stock Up 15.4%

The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 2.03. The stock has a market cap of $4.71 billion, a price-to-earnings ratio of -19.23 and a beta of 0.95. The business’s fifty day moving average is $8.95 and its two-hundred day moving average is $7.83.

SES (OTCMKTS:SGBAF) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.04 EPS for the quarter. SES had a negative net margin of 4.96% and a positive return on equity of 0.82%. The company had revenue of $991.17 million during the quarter.

About SES

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.