SES (OTCMKTS:SGBAF) Shares Gap Up – Should You Buy?

Ses S.A. (OTCMKTS:SGBAF) shares gapped up before the market opened on Monday . The stock had previously closed at $6.72, but opened at $7.10. SES shares last traded at $7.10, with a volume of 130 shares traded.

SES Price Performance

The firm has a market capitalization of $3.89 billion, a PE ratio of -21.60 and a beta of 0.77. The firm’s fifty day moving average price is $6.42 and its 200 day moving average price is $6.96. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67.

SES (OTCMKTS:SGBAF) last posted 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 analysts forecast that Ses S.A. will post 0.41 earnings per share for the current year.

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.