SES (OTCMKTS:SGBAF) Announces Earnings Results

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

SES Stock Performance

Shares of SES stock remained flat at $3.84 on Wednesday. 39 shares of the stock were exchanged, compared to its average volume of 2,306. The company has a current ratio of 2.57, a quick ratio of 2.53 and a debt-to-equity ratio of 0.95. The business has a fifty day moving average price of $3.43 and a 200-day moving average price of $4.10. The company has a market capitalization of $2.14 billion, a PE ratio of -0.92 and a beta of 1.26. SES has a twelve month low of $2.94 and a twelve month high of $6.77.

Analyst Ratings Changes

Separately, Barclays downgraded SES from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th.

About SES

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.