Investor’s Delight: SES AI Corporation (SES) Closes Weak at 0.76, Down -10.53

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The closing price of SES AI Corporation (NYSE: SES) was $0.76 for the day, down -10.53% from the previous closing price of $0.85. In other words, the price has decreased by -$10.53 from its previous closing price. On the day, 3.34 million shares were traded. SES stock price reached its highest trading level at $0.861 during the session, while it also had its lowest trading level at $0.7608.

Ratios:

Our analysis of SES’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 22.18 and its Current Ratio is at 22.22. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 17 ’24 when Temasek Holdings (Private) Ltd sold 1,380,656 shares for $1.14 per share. The transaction valued at 1,573,948 led to the insider holds 4,018,044 shares of the business.

Temasek Holdings (Private) Ltd sold 1,000,000 shares of SES for $870,000 on Sep 18 ’24. The 10% Owner now owns 3,018,044 shares after completing the transaction at $0.87 per share. On Sep 16 ’24, another insider, Nealis Jing, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 32,487 shares for $1.02 each. As a result, the insider received 33,237 and left with 1,979,422 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 272014912 and an Enterprise Value of -10918402.

Stock Price History:

Over the past 52 weeks, SES has reached a high of $2.66, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -29.53%, while the 200-Day Moving Average is calculated to be -45.29%.

Shares Statistics:

SES traded an average of 1.46M shares per day over the past three months and 6469200 shares per day over the past ten days. A total of 310.27M shares are outstanding, with a floating share count of 163.08M. Insiders hold about 54.39% of the company’s shares, while institutions hold 18.54% stake in the company. Shares short for SES as of 1724976000 were 8152167 with a Short Ratio of 5.58, compared to 1722384000 on 7792229. Therefore, it implies a Short% of Shares Outstanding of 8152167 and a Short% of Float of 4.8.

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