SES (OTCMKTS:SGBAF) Shares Gap Down – Here’s Why

Ses S.A. (OTCMKTS:SGBAF) shares gapped down before the market opened on Monday . The stock had previously closed at $7.83, but opened at $6.04. SES shares last traded at $6.04, with a volume of 168 shares trading hands.

SES Stock Performance

The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The company’s 50-day moving average is $7.41 and its two-hundred day moving average is $6.83. The stock has a market capitalization of $3.37 billion, a P/E ratio of -17.26 and a beta of 0.80.

SES (OTCMKTS:SGBAF) last released its quarterly 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 during the quarter. SES had a positive return on equity of 3.73% and a negative net margin of 5.27%. As a group, sell-side analysts anticipate that Ses S.A. will post 0.41 EPS 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.