Market Resilience: SES AI Corporation (SES) Finishes Strong/Weak at 1.301, Down -6.47

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

SES AI Corporation (NYSE: SES) closed the day trading at $1.30 down -6.47% from the previous closing price of $1.39. In other words, the price has decreased by -$6.47 from its previous closing price. On the day, 0.62 million shares were traded. SES stock price reached its highest trading level at $1.43 during the session, while it also had its lowest trading level at $1.28.

Ratios:

For a better understanding of SES, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 23.43 and its Current Ratio is at 23.46. In the meantime, Its Debt-to-Equity ratio is 0.03 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 08 ’24 when Gan Hong sold 25,000 shares for $1.42 per share. The transaction valued at 35,618 led to the insider holds 825,506 shares of the business.

Gan Hong sold 25,000 shares of SES for $39,970 on Apr 01 ’24. The CHIEF SCIENCE OFFICER now owns 875,001 shares after completing the transaction at $1.60 per share. On Mar 01 ’24, another insider, Gan Hong, who serves as the CHIEF SCIENCE OFFICER of the company, sold 25,000 shares for $1.69 each. As a result, the insider received 42,252 and left with 875,001 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 464115584 and an Enterprise Value of 157482672.

Stock Price History:

The Beta on a monthly basis for SES is 2.52, which has changed by -0.09722221 over the last 52 weeks, in comparison to a change of 0.2644323 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 $1.14. The 50-Day Moving Average of the stock is -12.87%, while the 200-Day Moving Average is calculated to be -30.43%.

Shares Statistics:

Over the past 3-months, SES traded about 576.48K shares per day on average, while over the past 10 days, SES traded about 459910 shares per day. A total of 310.27M shares are outstanding, with a floating share count of 161.53M. Insiders hold about 54.76% of the company’s shares, while institutions hold 20.90% stake in the company. Shares short for SES as of 1714435200 were 6193277 with a Short Ratio of 10.74, compared to 1711584000 on 5308752. Therefore, it implies a Short% of Shares Outstanding of 6193277 and a Short% of Float of 3.66.

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