SES Shares Surge 6.4% Midday, Driven by a 60% Annual Increase
SES shares show significant progress this Monday, March 2, driven by the anticipated publication of its annual results for 2025. The stock of the Luxembourg-based satellite operator has risen by 6.4% to 6.73 euros midday, after closing at 6.33 euros last Friday. This momentum is part of a broader upward trend, with an annual performance exceeding 60%.
Financial Schedule and Strategic Repositioning
The financial calendar of SES this Monday, March 2, includes the communication of its annual accounts for the fiscal year 2025. This deadline is a major event for the group, which has made significant strategic repositioning efforts in satellite connectivity services in recent quarters. Today's 6.4% increase directly coincides with this publication, as market operators adjust their positions as the figures are released. On a broader horizon, the stock displays a remarkable upward trajectory: the performance over one year reaches 60.31%, while over three months, the cumulative gain amounts to 22.36%. The next important date on the calendar is the general assembly scheduled for April 2, 2026, followed by the publication of the first quarter results on May 12.
Technical Perspective and Market Movements
From a technical standpoint, the SES stock price is now clearly above its main moving averages. At 6.73 euros, the stock surpasses its 50-day moving average (6.25 euros) as well as the 200-day average (5.98 euros), confirming a medium and long-term upward trend. This favorable positioning signals a well-established buying momentum for several weeks. However, the RSI (Relative Strength Index), which measures the intensity of price movements, is at a particularly low level of 19. An RSI below 30 is generally interpreted as an oversold zone, which may seem contradictory to today's rise. This technical discrepancy could reflect a recent correction still noticeable in the indicator, before the strong rebound observed in the session. The nearest resistance threshold is at 6.92 euros, a level the stock might test if the buying pressure linked to today's published results continues.