SES (OTCMKTS:SGBAF) Releases Quarterly Earnings Results

SES (OTCMKTS:SGBAF) announced its earnings results on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%.

SES Trading Up 10.7%

SES stock opened at $9.22 on Wednesday. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of -27.94 and a beta of 0.86. SES has a 1 year low of $5.14 and a 1 year high of $9.22. The firm’s 50 day moving average price is $7.48 and its two-hundred day moving average price is $7.21. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.80 and a current ratio of 0.87.

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.