Currently, there are 317.68M common shares owned by the public and among those 215.70M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -37.01% and 74.79% over the past three months. SES shares are trading -73.82% year to date (YTD), with the 12-month market performance down to -67.05% lower. It has a 12-month low price of $0.20 and touched a high of $2.53 over the same period. SES has an average intraday trading volume of 26.94 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -41.86%, -48.58%, and -39.15% respectively.
Institutional ownership of SES AI Corporation (NYSE: SES) shares accounts for 19.75% of the company’s 317.68M shares outstanding.
It has a market capitalization of $206.72M and a beta (3y monthly) value of 0.40. The earnings-per-share (ttm) stands at -$0.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 16.81% over the week and 13.06% over the month.
Earnings per share for the fiscal year are expected to increase by 24.15%, and 20.01% over the next financial year. EPS should grow at an annualized rate of 59.89% over the next five years, compared to -646.96% over the past 5-year period.
Looking at the support for the SES, a number of firms have released research notes about the stock. Deutsche Bank stated their Hold rating for the stock in a research note on September 10, 2024, with the firm’s price target at $1.50. Wolfe Research coverage for the SES AI Corporation (SES) stock in a research note released on September 05, 2024 offered a Underperform rating with a price target of $1. William Blair was of a view on December 18, 2023 that the stock is Mkt Perform, while Wolfe Research gave the stock Underperform rating on June 08, 2023, issuing a price target of $4. Cowen on their part issued Market Perform rating on October 31, 2022.
