SES (OTCMKTS:SGBAF – Get Free Report) announced its earnings results on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%. The business had revenue of $1 billion during the quarter.
SES Stock Performance
Shares of SGBAF remained flat at $4.62 during midday trading on Friday. SES has a twelve month low of $4.10 and a twelve month high of $11.40. The stock’s 50-day moving average is $4.95 and its two-hundred day moving average is $7.18. The company has a current ratio of 1.04, a quick ratio of 0.95 and a debt-to-equity ratio of 2.05. The firm has a market cap of $2.57 billion, a PE ratio of -6.70 and a beta of 1.02.
Analyst Ratings Changes
Several equities research analysts have issued reports on SGBAF shares. New Street Research upgraded shares of SES from a “sell” rating to a “neutral” rating in a research report on Monday, October 26th. Oddo Bhf raised SES to an “outperform” rating in a research report on Thursday, October 15th. Finally, Zacks Research raised SES to a “hold” rating in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
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.
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