SES (OTCMKTS:SGBAF) Shares Down 7.3%

Ses S.A. (OTCMKTS:SGBAF)’s share price dropped 7.3% on Monday . The stock traded as low as $4.80 and last traded at $5.03. Approximately 5,594 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 3,162 shares. The stock had previously closed at $5.42.

SES Stock Performance

The company has a quick ratio of 2.53, a current ratio of 2.57 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $2.80 billion, a PE ratio of -2.26 and a beta of 1.21. The firm’s 50-day moving average price is $5.21 and its two-hundred day moving average price is $5.56.

SES (OTCMKTS:SGBAF) last announced its earnings results on Thursday, August 1st. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $516.68 million for the quarter. SES had a negative net margin of 45.07% and a positive return on equity of 8.57%. As a group, research analysts predict that Ses S.A. will post 0.62 earnings per share 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.