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In the latest session, SES AI Corporation (NYSE: SES) closed at $1.27 down -5.22% from its previous closing price of $1.34. In other words, the price has decreased by -$5.22 from its previous closing price. On the day, 0.57 million shares were traded. SES stock price reached its highest trading level at $1.39 during the session, while it also had its lowest trading level at $1.26.
Ratios:
For a deeper understanding of SES AI Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.10 and its Current Ratio is at 17.13. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On June 08, 2023, Wolfe Research Downgraded its rating to Underperform which previously was Peer Perform but kept the price unchanged to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 01 ’24 when Gan Hong sold 25,000 shares for $1.60 per share. The transaction valued at 39,970 led to the insider holds 875,001 shares of the business.
Gan Hong sold 25,000 shares of SES for $42,252 on Mar 01 ’24. The CHIEF SCIENCE OFFICER now owns 875,001 shares after completing the transaction at $1.69 per share. On Feb 01 ’24, another insider, Gan Hong, who serves as the CHIEF SCIENCE OFFICER of the company, sold 25,000 shares for $1.38 each. As a result, the insider received 34,390 and left with 451,273 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SES now has a Market Capitalization of 450804288 and an Enterprise Value of 132078656.
Stock Price History:
The Beta on a monthly basis for SES is 2.68, which has changed by -0.32085562 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, SES has reached a high of $3.21, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -16.64%, while the 200-Day Moving Average is calculated to be -36.39%.
Shares Statistics:
For the past three months, SES has traded an average of 560.55K shares per day and 732930 over the past ten days. A total of 310.27M shares are outstanding, with a floating share count of 160.07M. Insiders hold about 54.62% of the company’s shares, while institutions hold 20.72% stake in the company. Shares short for SES as of 1711584000 were 5308752 with a Short Ratio of 9.47, compared to 1709164800 on 6466638. Therefore, it implies a Short% of Shares Outstanding of 5308752 and a Short% of Float of 3.19.
Earnings Estimates
The stock of SES AI Corporation (SES) is currently drawing attention from 1 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.05, while EPS last year was -$0.03. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.2 and -$0.4 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is -$0.29, with 3 analysts recommending between -$0.22 and -$0.41.
Revenue Estimates
Based on 2 analysts’ estimates, the company’s revenue will be $45M in the next fiscal year. The high estimate is $90M and the low estimate is -$-. The average revenue growth estimate for next year is up 260.00% from the average revenue estimate for this year.
