SES AI Corporation (SES) concluded trading on Thursday at a closing price of $0.33, with 2.87 million shares of worth about $0.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -74.88% during that period and on November 28, 2024 the price saw a loss of about -0.46%. Currently the company’s common shares owned by public are about 310.27M shares, out of which, 175.69M shares are available for trading.
Stock saw a price change of 5.32% in past 5 days and over the past one month there was a price change of -41.89%. Year-to-date (YTD), SES shares are showing a performance of -82.16% which decreased to -83.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.20 but also hit the highest price of $2.44 during that period. The average intraday trading volume for SES AI Corporation shares is 3.71 million. The stock is currently trading -7.17% below its 20-day simple moving average (SMA20), while that difference is down -37.52% for SMA50 and it goes to -70.44% lower than SMA200.
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SES AI Corporation (NYSE: SES) currently have 310.27M outstanding shares and institutions hold larger chunk of about 18.07% of that.
The stock has a current market capitalization of $117.19M and its 3Y-monthly beta is at 2.25. It has posted earnings per share of -$0.24 in the same period. It has Quick Ratio of 15.22 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SES, volatility over the week remained 11.87% while standing at 16.74% over the month.
Stock’s fiscal year EPS is expected to drop by -88.08% while it is estimated to decrease by -215.80% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on September 10, 2024 offering a Hold rating for the stock and assigned a target price of $1.50 to it. Coverage by Wolfe Research stated SES AI Corporation (SES) stock as an Underperform in their note to investors on September 05, 2024, suggesting a price target of $1 for the stock. On December 18, 2023, William Blair Initiated their recommendations, while on June 08, 2023, Wolfe Research Downgrade their ratings for the stock with a price target of $4. Stock get a Market perform rating from Cowen on October 31, 2022.
