Short Interest in Ses S.A. (OTCMKTS:SGBAF) Drops 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,436 shares, the short-interest ratio is presently 41.9 days. Based on an average trading volume of 3,436 shares, the short-interest ratio is presently 41.9 days. Approximately 0.0% of the shares of the stock are sold short.

SES Stock Performance

Shares of OTCMKTS:SGBAF remained flat at $6.37 during midday trading on Friday. The stock had a trading volume of 100 shares, compared to its average volume of 1,721. The business’s 50 day simple moving average is $6.61 and its 200-day simple moving average is $6.95. The firm has a market cap of $3.55 billion, a PE ratio of -18.19 and a beta of 0.77. SES has a 52 week low of $2.94 and a 52 week high of $8.19. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.33 and a quick ratio of 2.31.

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. The business had revenue of $898.90 million during the quarter. SES had a negative net margin of 5.27% and a positive return on equity of 4.97%. As a group, sell-side analysts expect that SES will post 0.41 EPS 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.