SES (OTCMKTS:SGBAF) Releases Earnings Results

SES (OTCMKTS:SGBAF) issued its quarterly earnings data 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%.

SES Stock Performance

SES stock remained flat at $4.62 on Thursday. SES has a twelve month low of $4.10 and a twelve month high of $11.40. The company has a market cap of $2.57 billion, a P/E ratio of -5.25 and a beta of 1.02. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.95 and a current ratio of 1.04. The company has a fifty day moving average price of $4.97 and a 200-day moving average price of $7.20.

Analyst Ratings Changes

A number of brokerages recently issued reports on SGBAF. New Street Research upgraded SES from a “sell” rating to a “neutral” rating in a report on Monday, October 26th. Zacks Research upgraded shares of SES to a “hold” rating in a research report on Wednesday, July 29th. Finally, Oddo Bhf upgraded shares of SES to an “outperform” rating in a report on Thursday, October 15th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus 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.