SES (OTCMKTS:SGBAF) Shares Gap Up – Time to Buy?

Shares of Ses S.A. (OTCMKTS:SGBAF) gapped up prior to trading on Tuesday . The stock had previously closed at $6.0184, but opened at $6.43. SES shares last traded at $6.43, with a volume of 500 shares changing 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 stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of -18.37 and a beta of 0.77. The stock’s 50 day moving average is $6.60 and its 200 day moving average is $6.95.

SES (OTCMKTS:SGBAF) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.02) EPS for the quarter. SES had a negative net margin of 5.27% and a positive return on equity of 4.97%. The business had revenue of $898.90 million during the quarter. On average, analysts predict that Ses S.A. will post 0.41 earnings per share for the current year.

SES Company Profile

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.