SES Stock Went Down By Over 11% So Far On Monday

(VIANEWS) – Shares of SES (CAC 40: SESG.PA) dropped by a staggering 11.73% to €4.93 at 11:07 EST on Monday, following the last session’s downward trend. CAC 40 is rising 0.86% to €7,274.97, following the last session’s downward trend. This seems, at the moment, a somewhat up trend exchanging session today.

SES’s last close was €5.59, 38.03% under its 52-week high of €9.02.

About SES

SES S.A. provides satellite-based data transmission capacity and ancillary services worldwide. It offers content connectivity solutions, including network spanning satellite and ground infrastructure to create, deliver, and manage video and data solutions. The company also provides data connectivity services through its fleet of geostationary earth orbit and medium earth orbit satellites to government, aeronautical, maritime, telecommunications companies, mobile network operators, and cloud industries. The company also offers video services, which includes end-to-end managed services to audience; and provides multi-screen and multi-device viewing experiences on linear channels, video-on-demand, streaming platforms, and social media sites for broadcasters, platform operators, and sports organizations. In addition, it provides linear video aggregation and distribution, such as direct-to-home, direct-to-cable, and internet protocol TV households; hybrid video platform solutions; channel management solutions comprising playout; and live feeds and multiple redundancy content. The company was founded in 1985 and is headquartered in Betzdorf, Luxembourg.

Earnings Per Share

As for profitability, SES has a trailing twelve months EPS of €-0.16.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Apr 18, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 8.9%.

Sales Growth

SES’s sales growth is 8.1% for the current quarter and negative 3% for the next.

More news about SES (SESG.PA).

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