Ses S.A. (OTCMKTS:SGBAF – Get Free Report) shares dropped 6.4% during trading on Friday . The stock traded as low as $4.93 and last traded at $4.93. Approximately 1,970 shares traded hands during trading, a decline of 50% from the average daily volume of 3,956 shares. The stock had previously closed at $5.27.
SES Stock Performance
The company’s 50 day moving average price is $5.51 and its 200 day moving average price is $6.08.
SES (OTCMKTS:SGBAF – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $540.70 million for the quarter. SES had a negative net margin of 42.75% and a positive return on equity of 4.19%. On average, analysts anticipate that Ses S.A. will post 0.61 EPS for the current fiscal year.
About SES
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.
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