SES AI Corporation (NYSE: SES) is -26.23% lower on its value in year-to-date trading and has touched a low of $1.07 and a high of $3.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SES stock was last observed hovering at around $1.17 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $1.35, the stock is 11.39% and 4.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 15.38% at the moment leaves the stock -19.05% off its SMA200. SES registered -50.91% loss for a year compared to 6-month loss of -20.12%.
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The stock witnessed a 8.00% gain in the last 1 month and extending the period to 3 months gives it a -6.25%, and is 23.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.05% over the week and 7.99% over the month.
SES AI Corporation (SES) has around 300 employees, a market worth around $481.96M and $0.00M in sales. Distance from 52-week low is 26.17% and -57.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.77%).
The EPS is expected to shrink by -73.62% this year
The shares outstanding are 310.27M, and float is at 162.51M with Short Float at 4.50%.
SES AI Corporation (SES) Insider Activity
The most recent transaction is an insider sale by Gan Hong, the company’s CHIEF SCIENCE OFFICER. SEC filings show that Gan Hong sold 25,000 shares of the company’s common stock on Jul 01 ’24 at a price of $1.17 per share for a total of $29220.0. Following the sale, the insider now owns 0.83 million shares.
SES AI Corporation disclosed in a document filed with the SEC on Jun 03 ’24 that Gan Hong (CHIEF SCIENCE OFFICER) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Jun 03 ’24 and was made at $1.25 per share for $31152.0. Following the transaction, the insider now directly holds 0.83 million shares of the SES stock.
Still, SEC filings show that on May 08 ’24, Gan Hong (CHIEF SCIENCE OFFICER) disposed off 25,000 shares at an average price of $1.42 for $35618.0. The insider now directly holds 825,506 shares of SES AI Corporation (SES).
