SES (OTCMKTS:SGBAF) Announces Earnings Results

SES (OTCMKTS:SGBAF) posted its quarterly earnings data on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports. SES had a positive return on equity of 2.57% and a negative net margin of 4.07%.

SES Trading Up 8.8%

OTCMKTS SGBAF traded up $0.73 on Tuesday, reaching $9.06. The company had a trading volume of 800 shares, compared to its average volume of 2,834. The business has a 50 day moving average of $7.45 and a two-hundred day moving average of $7.20. 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 cap of $5.05 billion, a price-to-earnings ratio of -27.45 and a beta of 0.86. SES has a fifty-two week low of $5.14 and a fifty-two week high of $9.06.

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.