SES (OTCMKTS:SGBAF) Announces Earnings Results

SES (OTCMKTS:SGBAF) released its earnings results on Tuesday. The company reported $0.04 EPS for the quarter, Zacks reports. The business had revenue of $991.17 million during the quarter. SES had a negative net margin of 4.96% and a positive return on equity of 0.62%.

SES Stock Up 1.4%

SGBAF traded up $0.13 during midday trading on Thursday, hitting $9.35. 4,259 shares of the company’s stock traded hands, compared to its average volume of 2,866. The company has a market cap of $5.21 billion, a PE ratio of -21.25 and a beta of 0.86. The stock’s fifty day simple moving average is $7.51 and its 200-day simple moving average is $7.23. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80. SES has a one year low of $5.14 and a one year high of $9.67.

Wall Street Analyst Weigh In

Separately, New Street Research assumed coverage on SES in a report on Wednesday. They set a “neutral” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

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.