Short Interest in Ses S.A. (OTCMKTS:SGBAF) Drops By 39.0%


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Ses S.A. (OTCMKTS:SGBAF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 14,100 shares, a decline of 39.0% from the December 15th total of 23,100 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 4.4 days.

Several analysts have weighed in on the stock. Berenberg Bank cut shares of SES from a “hold” rating to a “sell” rating in a research note on Thursday, November 26th. JPMorgan Chase & Co. restated a “neutral” rating on shares of SES in a research note on Thursday, January 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold”.

SGBAF traded down $0.04 during midday trading on Thursday, reaching $9.14. The company had a trading volume of 1,225 shares, compared to its average volume of 2,361. The stock has a market cap of $5.26 billion, a PE ratio of 22.29 and a beta of 1.36. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.62 and a current ratio of 0.63. The business has a 50-day moving average price of $9.39 and a two-hundred day moving average price of $8.07. SES has a 12-month low of $5.50 and a 12-month high of $15.24.

SES (OTCMKTS:SGBAF) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $540.00 million for the quarter. SES had a net margin of 10.85% and a return on equity of 4.88%. On average, research analysts anticipate that SES will post 0.16 earnings per share for the current year.

About SES

SES SA provides satellite and ground infrastructure solutions worldwide. The company offers content management comprising of content storage, content processing, video on demand content delivery, metadata management, content localization, and clipping and editing services; channel playout; content monetization services, including subscription and pay-per-view models, targeted ad replacement, and content packaging for VoD and linear TV consumption; and content delivery, such as direct to home, digital terrestrial television and direct to cable, fiber delivery, IP delivery, occasional use, online streaming, and content delivery network services.

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