Short Interest in Ses S.A. (OTCMKTS:SGBAF) Decreases By 37.4%

Ses S.A. (OTCMKTS:SGBAF) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 143,929 shares, a decline of 37.4% from the November 30th total of 229,931 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,436 shares, the days-to-cover ratio is currently 41.9 days. Based on an average daily trading volume, of 3,436 shares, the days-to-cover ratio is currently 41.9 days. Currently, 0.0% of the company’s stock are sold short.

SES Stock Performance

OTCMKTS:SGBAF remained flat at $6.37 during mid-day trading on Friday. The company had a trading volume of 100 shares, compared to its average volume of 1,721. SES has a 1 year low of $2.94 and a 1 year high of $8.19. The company has a quick ratio of 2.31, a current ratio of 2.33 and a debt-to-equity ratio of 1.67. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of -18.19 and a beta of 0.77. The firm’s 50 day moving average price is $6.61 and its 200 day moving average price is $6.95.

SES (OTCMKTS:SGBAF) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.02) earnings per share (EPS) for the quarter. SES had a negative net margin of 5.27% and a positive return on equity of 4.97%. The firm had revenue of $898.90 million for the quarter. As a group, equities research analysts expect that SES will post 0.41 earnings per share for the current year.

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.