SES Shares Drop 4.42% Approaching a Critical Support Level at €5.96
SES shares experienced a significant decline this Wednesday, March 11, falling 4.42% to €6.17 during the session, after closing at €6.46 the previous day. This downturn is part of a challenging week for the Luxembourg-based satellite operator, with a 6.52% loss over seven days. European markets also trended downward, with the CAC 40 losing 0.58% and the DAX down by 1.58% during the session.
Today's drop brings the SES share closer to its support threshold at €5.96, a level that has not been tested for several weeks. At €6.17, the stock is now trading below its 20-day moving average of €6.45 and its 50-day moving average of €6.39, indicating a weakening of the short-term momentum. The 200-day moving average, set at €6.02, represents a more distant but still relatively close technical floor.
The Relative Strength Index (RSI) stands at 49, indicating a neutral zone that signals neither overbought nor oversold conditions. The monthly volatility is at 11.47, a moderate level. Despite this setback, the stock maintains a positive performance over three months (+14.26%) and over a year (+10.77%), which puts the recent correction into a broader perspective.
Current Session in an Unfavorable European Environment
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Today's session takes place in an unfavorable European environment. The SBF 120 is down by 0.60% during the session, while the FTSE 100 has dropped 0.74%. The VIX, a barometer of implied volatility, was at 29.49 points in its last reading on March 6, reflecting high tension in the stock markets. This risk aversion climate impacts many stocks, including those in the space and satellite telecommunications sectors.
Regarding the schedule, SES will hold its general assembly on April 2, followed by the publication of its first-quarter results on May 12. These events could serve as catalysts that may clarify the group's trajectory for the current fiscal year. The stock's beta, close to zero at -0.08, indicates that historically, the stock has shown a low correlation with major indices, making the magnitude of today's movement even more notable.
SectorTélécommunications›Équipements de Télécommunications
Context
Period
Period: 3T/9M 2025
Guidance from the release
I am pleased to report our solid 9 months 2025 results which include the first quarter for the combined company following the successful close of the Intelsat acquisition on 17 July 2025.
Croissance tirée par le segment Networks (Aviation, Government), intégration d'Intelsat en bonne voie, carnet de commandes brut de €7,1 billion, lancements O3b mPOWER 9 & 10 réussis et règlement d'assurance partiel d'environ $87 million.
Risks mentioned
Risque de ne pas atteindre les synergies attendues de l’acquisition d’Intelsat
Retards ou échecs de lancements ou problèmes opérationnels des satellites
Risques réglementaires et obtention d’approbations
Pressions concurrentielles et évolution technologique réduisant la demande
Opportunities identified
Positionnement multi-orbit renforcé pour capter la croissance longue durée
Expansion du business Aviation (plus de 3,000 tails; 200 nouveaux tails gagnés depuis clôture)
Augmentation de capacité et résilience avec les satellites O3b mPOWER supplémentaires
Carnet de commandes et renouvellements importants (nouveau business et renewals > €1,4 billion YTD)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
