SES (OTCMKTS:SGBAF) Releases Earnings Results

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

SES Price Performance

SGBAF stock remained flat at $4.62 during mid-day trading on Thursday. SES has a 12 month low of $4.10 and a 12 month high of $11.40. 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 stock’s fifty day moving average is $4.97 and its two-hundred day moving average is $7.20.

Analyst Ratings Changes

SGBAF has been the subject of several analyst reports. Oddo Bhf raised SES to an “outperform” rating in a research report on Thursday, October 15th. New Street Research upgraded SES from a “sell” rating to a “neutral” rating in a research report on Monday, October 26th. Finally, Zacks Research raised SES to a “hold” rating in a research note 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’s stock. Based on data from MarketBeat.com, SES presently has an average rating of “Hold”.

SES Company Profile

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.