SES (OTCMKTS:SGBAF) Shares Gap Down – What’s Next?

Ses S.A. (OTCMKTS:SGBAF)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $6.2050, but opened at $5.88. SES shares last traded at $5.88, with a volume of 300 shares traded.

SES Stock Down 5.2%

The stock has a market capitalization of $3.28 billion, a P/E ratio of -16.80 and a beta of 0.77. The company has a debt-to-equity ratio of 1.67, a current ratio of 2.33 and a quick ratio of 2.31. The stock has a fifty day moving average price of $6.92 and a 200 day moving average price of $6.94.

SES (OTCMKTS:SGBAF) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.02) earnings per share (EPS) for the quarter. SES had a positive return on equity of 4.97% and a negative net margin of 5.27%.The company had revenue of $898.90 million for the quarter. On average, research analysts forecast that Ses S.A. will post 0.41 earnings per share for the current year.

SES Company Profile

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.