The 36-month beta value for SES is also noteworthy at 2.44. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SES is 163.07M, and at present, short sellers hold a 5.00% of that float. The average trading volume of SES on September 17, 2024 was 570.64K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
SES) stock’s latest price update
The stock price of SES AI Corporation (NYSE: SES) has jumped by 3.96 compared to previous close of 1.02. Despite this, the company has seen a gain of 4.99% in its stock price over the last five trading days. businesswire.com reported 2024-09-03 that WOBURN, Mass.–(BUSINESS WIRE)—- $SES #AI–SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that Dr. Qichao Hu, Founder, Chairman and CEO, will participate in the upcoming Water Tower Research Fireside Chat Series taking place Thursday, September 5, 2024, at 1:00 p.m. Eastern Time. The Fireside Chat will be hosted by Shawn Severson, CEO & Co-Founder of Water Tower Research, and will cover the followi.
SES’s Market Performance
SES’s stock has risen by 4.99% in the past week, with a monthly rise of 3.96% and a quarterly drop of -15.84%. The volatility ratio for the week is 4.50% while the volatility levels for the last 30 days are 5.23% for SES AI Corporation The simple moving average for the last 20 days is 2.62% for SES’s stock, with a simple moving average of -24.78% for the last 200 days.
Analysts’ Opinion of SES
Many brokerage firms have already submitted their reports for SES stocks, with Deutsche Bank repeating the rating for SES by listing it as a “Hold.” The predicted price for SES in the upcoming period, according to Deutsche Bank is $1.50 based on the research report published on September 10, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see SES reach a price target of $1. The rating they have provided for SES stocks is “Underperform” according to the report published on September 05th, 2024.
SES Trading at -3.08% 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 -60.14% of loss for the given period.
Volatility was left at 5.23%, however, over the last 30 days, the volatility rate increased by 4.50%, as shares surge +6.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.32% lower at present.
During the last 5 trading sessions, SES rose by +4.81%, which changed the moving average for the period of 200-days by -50.07% in comparison to the 20-day moving average, which settled at $1.0364. In addition, SES AI Corporation saw -42.05% 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 JING NEALIS, who proposed sale 50,000 shares at the price of $1.06 back on Sep 16 ’24. After this action, JING NEALIS now owns shares of SES AI Corporation, valued at $53,000 using the latest closing price.
Nealis Jing, the CHIEF FINANCIAL OFFICER of SES AI Corporation, sale 50,000 shares at $1.05 during a trade that took place back on Aug 29 ’24, which means that Nealis Jing is holding 1,979,422 shares at $52,510 based on the most recent closing price.
Stock Fundamentals for SES
Current profitability levels for the company are sitting at:
- -10.59 for the present operating margin
- 0.12 for the gross margin
The net margin for SES AI Corporation stands at -7.6. The total capital return value is set at -0.23. Equity return is now at value -16.90, with -15.18 for asset returns.
Based on SES AI Corporation (SES), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -4.77. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -13.64.
Currently, EBITDA for the company is -72.62 million with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 42.54. The receivables turnover for the company is 13.32for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 22.22.
Conclusion
In summary, SES AI Corporation (SES) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
