JPMorgan Chase & Co. Reiterates Neutral Rating for SES (OTCMKTS:SGBAF)

SES (OTCMKTS:SGBAF)‘s stock had its “neutral” rating reissued by investment analysts at JPMorgan Chase & Co. in a report issued on Wednesday, The Fly reports.

A number of other equities research analysts also recently commented on the company. Societe Generale reiterated a “buy” rating on shares of SES in a report on Thursday, August 5th. Barclays reiterated an “overweight” rating on shares of SES in a report on Friday, July 2nd. Finally, Zacks Investment Research downgraded SES from a “buy” rating to a “hold” rating in a report on Thursday, August 5th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $9.00.

OTCMKTS SGBAF remained flat at $$8.60 on Wednesday. The company had a trading volume of 500 shares, compared to its average volume of 4,187. The company has a 50 day moving average of $8.11 and a 200 day moving average of $8.01. The company has a market capitalization of $4.86 billion, a PE ratio of -37.39 and a beta of 1.29. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.04 and a current ratio of 1.06. SES has a fifty-two week low of $6.64 and a fifty-two week high of $10.32.

SES (OTCMKTS:SGBAF) last released its quarterly earnings data on Wednesday, August 4th. The company reported $0.16 EPS for the quarter. The business had revenue of $528.90 million during the quarter. SES had a negative return on equity of 0.59% and a negative net margin of 1.99%. As a group, equities research analysts predict that SES will post 1.75 earnings per share for the current fiscal year.

About SES

SES SA engages in the provision of satellite-based data transmission capacity and ancillary services. It operates through the SES Video, and SES Networks business units. The SES Video business unit offers global channels broadcast via satellite. The SES Networks business unit sells verticals fixed date, mobility, and government.

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