Stock Surge: SES AI Corporation (SES) Closes at 1.15, Marking a -6.50 Increase/Decrease

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In the latest session, SES AI Corporation (NYSE: SES) closed at $1.15 down -6.50% from its previous closing price of $1.23. In other words, the price has decreased by -$6.50 from its previous closing price. On the day, 1.12 million shares were traded. SES stock price reached its highest trading level at $1.26 during the session, while it also had its lowest trading level at $1.15.

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 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:

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 Jun 03 ’24 when Gan Hong sold 25,000 shares for $1.25 per share. The transaction valued at 31,152 led to the insider holds 825,506 shares of the business.

Gan Hong sold 25,000 shares of SES for $35,618 on May 08 ’24. The CHIEF SCIENCE OFFICER now owns 825,506 shares after completing the transaction at $1.42 per share. On Apr 01 ’24, another insider, Gan Hong, who serves as the CHIEF SCIENCE OFFICER of the company, sold 25,000 shares for $1.60 each. As a result, the insider received 39,970 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 439125184 and an Enterprise Value of 103930864.

Stock Price History:

The Beta on a monthly basis for SES is 2.44, which has changed by -0.42211056 over the last 52 weeks, in comparison to a change of 0.2586832 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 -14.57%, while the 200-Day Moving Average is calculated to be -33.69%.

Shares Statistics:

For the past three months, SES has traded an average of 602.71K shares per day and 605830 over the past ten days. A total of 310.27M shares are outstanding, with a floating share count of 162.50M. Insiders hold about 54.48% of the company’s shares, while institutions hold 20.47% stake in the company. Shares short for SES as of 1715731200 were 7130511 with a Short Ratio of 10.72, compared to 1713139200 on 5583308. Therefore, it implies a Short% of Shares Outstanding of 7130511 and a Short% of Float of 4.21.

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