SES (OTCMKTS:SGBAF) Sees Large Volume Increase – Here’s Why

Ses S.A. (OTCMKTS:SGBAF) shares saw unusually-strong trading volume on Thursday . Approximately 9,456 shares were traded during mid-day trading, an increase of 263% from the previous session’s volume of 2,606 shares.The stock last traded at $6.31 and had previously closed at $6.35.

SES Trading Up 2.4%

The company has a fifty day simple moving average of $6.82 and a 200-day simple moving average of $6.94. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of -17.20 and a beta of 0.77. 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 issued its earnings results on Thursday, November 6th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company 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%. On average, research analysts forecast that Ses S.A. will post 0.41 earnings per share for the current fiscal year.

SES Company Profile

SES SA provides satellite-based data transmission capacity and ancillary services worldwide. The company offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. It also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to the aviation, cloud, cruise, energy, government, maritime, and telco and mobile network operator industries.