SES AI Corporation (NYSE: SES) is -62.54% lower on its value in year-to-date trading and has touched a low of $0.20 and a high of $2.53 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 $0.94 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $0.82, the stock is -33.35% and 14.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.14 million and changing -12.73% at the moment leaves the stock -19.18% off its SMA200. SES registered -48.73% loss for a year compared to 6-month loss of -36.90%. The firm has a 50-day simple moving average (SMA 50) of $0.7092 and a 200-day simple moving average (SMA200) of $1.019155.
The stock witnessed a 78.13% gain in the last 1 month and extending the period to 3 months gives it a 30.98%, and is -60.56% down 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 27.71% over the week and 28.03% over the month.
SES AI Corporation (SES) has around 300 employees, a market worth around $295.79M and $0.00M in sales. Distance from 52-week low is 310.15% and -67.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.05%).
The EPS is expected to shrink by -72.82% this year.
SES AI Corporation (SES) Top Institutional Holders
127.0 institutions hold shares in SES AI Corporation (SES), with institutional investors hold 45.76% of the company’s shares. The shares outstanding are 313.73M, and float is at 179.53M with Short Float at 9.86%. Institutions hold 37.09% of the Float.
The top institutional shareholder in the company is TEMASEK HOLDINGS (PRIVATE) LTD with over 34.68 million shares valued at $43.34 million. The investor’s holdings represent 10.8773% of the SES Shares outstanding. As of 2024-06-30, the second largest holder is GENERAL MOTORS HOLDINGS LLC with 33.06 million shares valued at $41.32 million to account for 10.3693 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.54 million shares representing 2.9941% and valued at over $11.93 million, while BLACKROCK INC. holds 2.8346 of the shares totaling 9.04 million with a market value of $11.3 million.
SES AI Corporation (SES) Insider Activity
The most recent transaction is an insider sale by Nealis Jing, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Nealis Jing sold 150,000 shares of the company’s common stock on Dec 26 ’24 at a price of $1.02 per share for a total of $0.15 million. Following the sale, the insider now owns 1.94 million shares.
Still, SEC filings show that on Dec 18 ’24, SK INC. (10% Owner) disposed off 400,000 shares at an average price of $0.42 for $0.17 million. The insider now directly holds 31,843,210 shares of SES AI Corporation (SES).
