SES (OTCMKTS:SGBAF) Announces Quarterly Earnings Results

SES (OTCMKTS:SGBAF) posted its quarterly earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, Zacks reports. SES had a negative net margin of 8.96% and a negative return on equity of 9.43%.

SES Stock Performance

OTCMKTS SGBAF remained flat at $4.62 during mid-day trading on Thursday. The business has a 50 day simple moving average of $4.97 and a two-hundred day simple moving average of $7.20. SES has a fifty-two week low of $4.10 and a fifty-two week high of $11.40. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.95 and a current ratio of 1.04.

Wall Street Analysts Forecast Growth

SGBAF has been the topic of a number of research analyst reports. New Street Research raised shares of SES from a “sell” rating to a “neutral” rating in a research report on Monday, October 26th. Oddo Bhf upgraded SES to an “outperform” rating in a research note on Thursday, October 15th. Finally, Zacks Research raised SES to a “hold” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, SES currently has a consensus rating of “Hold”.

SES Company Profile

SES SA is a Luxembourg-based satellite communications company that provides connectivity and content-delivery services to customers worldwide. The company operates a multi-orbit satellite network that combines geostationary Earth orbit (GEO) satellites with medium Earth orbit (MEO) systems, supporting communications across regions and applications.

SES serves media and telecommunications companies, governments, enterprises, and mobility customers. Its services include television and video distribution, broadband connectivity, network services, cloud and data connectivity, and communications for aircraft, ships, and remote locations.