As of close of business last night, SES AI Corporation’s stock clocked out at $1.54, down -10.47% from its previous closing price of $1.72. On the day, 847561 shares were traded.
Ratios:
To gain a deeper understanding of SES’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
Stock Price History:
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.
Shares Statistics:
A total of 310.27M shares are outstanding, with a floating share count of 161.08M. Insiders hold about 54.62% of the company’s shares, while institutions hold 20.72% stake in the company.
Earnings Estimates
As of right now, Sea Limited analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.43, with high estimates of $35.32 and low estimates of $1.36.
