SES (OTCMKTS:SGBAF) Issues Earnings Results

SES (OTCMKTS:SGBAF) issued its quarterly earnings results on Wednesday. The company reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. SES had a positive return on equity of 6.16% and a negative net margin of 83.41%.

SES Stock Performance

Shares of SES stock remained flat at $3.84 on Wednesday. The stock had a trading volume of 39 shares, compared to its average volume of 2,306. SES has a 12 month low of $2.94 and a 12 month high of $6.77. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of -0.92 and a beta of 1.26. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.57 and a quick ratio of 2.53. The business has a fifty day simple moving average of $3.43 and a two-hundred day simple moving average of $4.10.

Analyst Upgrades and Downgrades

Separately, Barclays lowered shares of SES from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th.

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.