Short Interest in Ses S.A. (OTCMKTS:SGBAF) Decreases By 37.4%

Ses S.A. (OTCMKTS:SGBAF) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 143,929 shares, a decrease of 37.4% from the November 30th total of 229,931 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,436 shares, the short-interest ratio is currently 41.9 days. Based on an average daily volume of 3,436 shares, the short-interest ratio is currently 41.9 days. Approximately 0.0% of the company’s stock are sold short.

SES Stock Performance

Shares of SES stock opened at $6.37 on Monday. The company has a fifty day simple moving average of $6.61 and a 200-day simple moving average of $6.95. SES has a 12-month low of $2.94 and a 12-month high of $8.19. The company has a current ratio of 2.33, a quick ratio of 2.31 and a debt-to-equity ratio of 1.67. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of -18.19 and a beta of 0.77.

SES (OTCMKTS:SGBAF) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.02) EPS for the quarter. SES had a positive return on equity of 4.97% and a negative net margin of 5.27%.The company had revenue of $898.90 million for the quarter. On average, equities analysts forecast that SES will post 0.41 EPS for the current fiscal 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.