The stock of SES AI Corporation (SES) has seen a -22.48% decrease in the past week, with a -27.04% drop in the past month, and a -53.35% decrease in the past quarter. The volatility ratio for the week is 11.20%, and the volatility levels for the past 30 days are at 8.81% for SES. The simple moving average for the past 20 days is -24.22% for SES’s stock, with a -63.16% simple moving average for the past 200 days.
Is It Worth Investing in SES AI Corporation (NYSE: SES) Right Now?
SES has 36-month beta value of 2.43. 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.”
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The public float for SES is 168.75M, and currently, short sellers hold a 2.96% ratio of that float. The average trading volume of SES on November 06, 2024 was 2.60M shares.
SES) stock’s latest price update
SES AI Corporation (NYSE: SES) has experienced a decline in its stock price by -3.14 compared to its previous closing price of 0.45. However, the company has seen a fall of -22.48% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-31 that SES AI Corporation (NYSE:SES ) Q3 2024 Earnings Conference Call October 31, 2024 5:00 PM ET Company Participants Kyle Pilkington – Chief Legal Officer Qichao Hu – Chairman & Chief Executive Officer Jing Nealis – CFO Conference Call Participants Shawn Severson – Water Tower Research Winnie Dong – Deutsche Bank Operator Good afternoon. Thank you for attending today’s SES AI Third Quarter 2024 Earnings Release and Call.
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 -41.43% 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 -83.05% of loss for the given period.
Volatility was left at 8.81%, however, over the last 30 days, the volatility rate increased by 11.20%, as shares sank -26.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -59.29% lower at present.
During the last 5 trading sessions, SES fell by -22.48%, which changed the moving average for the period of 200-days by -69.32% in comparison to the 20-day moving average, which settled at $0.5748. In addition, SES AI Corporation saw -76.20% 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 SK INC., who sale 200,000 shares at the price of $0.45 back on Nov 04 ’24. After this action, SK INC. now owns 35,501,084 shares of SES AI Corporation, valued at $90,000 using the latest closing price.
SK INC., the 10% Owner of SES AI Corporation, sale 147,794 shares at $0.45 during a trade that took place back on Nov 01 ’24, which means that SK INC. is holding 35,701,084 shares at $66,507 based on the most recent closing price.
Stock Fundamentals for SES
Current profitability levels for the company are sitting at:
- -12.48 for the present operating margin
- 0.04 for the gross margin
The net margin for SES AI Corporation stands at -9.72. The total capital return value is set at -0.3. Equity return is now at value -22.70, with -20.29 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 -6.01. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is -16.08.
Currently, EBITDA for the company is -72.62 million with net debt to EBITDA at 0.6. When we switch over and look at the enterprise to sales, we see a ratio of 12.73. The receivables turnover for the company is 3.07for 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 15.24.
Conclusion
To put it simply, SES AI Corporation (SES) has had a bad 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.
