The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of SES AI Corporation (NYSE: SES) closed at $1.40 in the last session, down -5.41% from day before closing price of $1.48. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 0.59 million shares were traded. SES stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.33.
Ratios:
We take a closer look at SES’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.
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 497020992 and an Enterprise Value of 188431664.
Stock Price History:
The Beta on a monthly basis for SES is 2.59, which has changed by -0.05128205 over the last 52 weeks, in comparison to a change of 0.22379243 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 -7.91%, while the 200-Day Moving Average is calculated to be -27.43%.
Shares Statistics:
According to the various share statistics, SES traded on average about 588.06K shares per day over the past 3-months and 741990 shares per day over the past 10 days. A total of 310.27M shares are outstanding, with a floating share count of 160.21M. Insiders hold about 54.87% of the company’s shares, while institutions hold 20.90% stake in the company. Shares short for SES as of 1713139200 were 5583308 with a Short Ratio of 9.49, compared to 1710460800 on 5892007. Therefore, it implies a Short% of Shares Outstanding of 5583308 and a Short% of Float of 3.34.
Earnings Estimates
The market rating of SES AI Corporation (SES) is currently shaped by the ongoing analysis conducted by 1.0 analysts closely monitoring its performance.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 3.0 analysts recommending between -$0.22 and -$0.41.
