SES (OTCMKTS:SGBAF) Hits New 12-Month High – Still a Buy?

Shares of Ses S.A. (OTCMKTS:SGBAF) hit a new 52-week high on Wednesday . The company traded as high as $9.22 and last traded at $9.22, with a volume of 2650 shares trading hands. The stock had previously closed at $8.33.

SES Stock Up 10.7%

The business has a fifty day moving average price of $7.48 and a two-hundred day moving average price of $7.21. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.87 and a quick ratio of 0.80. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of -27.94 and a beta of 0.86.

SES (OTCMKTS:SGBAF) last posted its earnings results on Tuesday, May 12th. The company reported $0.04 EPS for the quarter. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%. On average, equities analysts expect that Ses S.A. will post 0.05 earnings per share 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.