SES has 36-month beta value of 2.67. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SES is 160.21M, and currently, short sellers hold a 3.48% ratio of that float. The average trading volume of SES on May 01, 2024 was 579.88K shares.
SES) stock’s latest price update
SES AI Corporation (NYSE: SES) has experienced a rise in its stock price by 17.04 compared to its previous closing price of 1.35. However, the company has seen a gain of 22.48% in its stock price over the last five trading days. Business Wire reported 2024-04-18 that WOBURN, Mass.–(BUSINESS WIRE)—- $SES #earnings–SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced it will release its 2024 first quarter business results after market close on Thursday, May 2, 2024. The Company will hold a conference call on Friday, May 3, 2024, at 9:00 a.m. Eastern Time. A webcast of the live conference call will be available through SES’s Investor Relations website, https://investors.ses.ai.
SES’s Market Performance
SES’s stock has risen by 22.48% in the past week, with a monthly drop of -1.86% and a quarterly rise of 16.18%. The volatility ratio for the week is 11.54% while the volatility levels for the last 30 days are 10.36% for SES AI Corporation The simple moving average for the past 20 days is 10.30% for SES’s stock, with a -18.88% simple moving average for the past 200 days.
Analysts’ Opinion of SES
Wolfe Research, on the other hand, stated in their research note that they expect to see SES reach a price target of $4. The rating they have provided for SES stocks is “Underperform” according to the report published on June 08th, 2023.
SES Trading at 4.36% from the 50-Day Moving Average
After a stumble in the market that brought SES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.78% of loss for the given period.
Volatility was left at 10.36%, however, over the last 30 days, the volatility rate increased by 11.54%. Over the last 50 days, in opposition, the stock is trading +9.72% upper at present.
During the last 5 trading sessions, SES rose by +22.48%, which changed the moving average for the period of 200-days by -39.23% in comparison to the 20-day moving average, which settled at $1.4325. In addition, SES AI Corporation saw -13.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SES starting from Gan Hong, who sale 25,000 shares at the price of $1.60 back on Apr 01 ’24. After this action, Gan Hong now owns 875,001 shares of SES AI Corporation, valued at $39,970 using the latest closing price.
Gan Hong, the CHIEF SCIENCE OFFICER of SES AI Corporation, sale 25,000 shares at $1.69 during a trade that took place back on Mar 01 ’24, which means that Gan Hong is holding 875,001 shares at $42,252 based on the most recent closing price.
Stock Fundamentals for SES
The total capital return value is set at -0.18. Equity return is now at value -14.23, with -11.31 for asset returns.
Based on SES AI Corporation (SES), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -4.11. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 12.82.
Currently, EBITDA for the company is -72.62 million with net debt to EBITDA at 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.13.
Conclusion
To put it simply, SES AI Corporation (SES) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
