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

Ses S.A. (OTCMKTS:SGBAF) shares gapped down before the market opened on Tuesday. The stock had previously closed at $4.84, but opened at $4.5737. SES shares last traded at $4.5771, with a volume of 4,367 shares.

Analysts Set New Price Targets

Several research analysts recently commented on SGBAF shares. New Street Research upgraded shares of SES from a “sell” rating to a “neutral” rating in a report on Monday, October 26th. Oddo Bhf upgraded shares of SES to an “outperform” rating in a report on Thursday, October 15th. Finally, Zacks Research upgraded SES to a “hold” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

SES Stock Performance

The company has a debt-to-equity ratio of 2.05, a current ratio of 1.04 and a quick ratio of 0.95. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of -5.25 and a beta of 1.02. The business has a fifty day moving average price of $4.99 and a 200 day moving average price of $7.21.

SES (OTCMKTS:SGBAF) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.01 earnings per share for the quarter. SES had a negative return on equity of 9.43% and a negative net margin of 8.96%.

About SES

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network that combines geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) systems, supporting communications across regions and applications.

SES serves media and telecommunications companies, governments, enterprises, and mobility customers. Its services include television and video distribution, broadband connectivity, network services, cloud and data connectivity, and communications for aircraft, ships, and remote locations.