In last trading session, SES AI Corporation (NYSE:SES) saw 8.22 million shares changing hands with its beta currently measuring 0.28. Company’s recent per share price level of $1.05 trading at -$0.01 or -0.94% at ring of the bell on the day assigns it a market valuation of $378.61M. That closing price of SES’s stock is at a discount of -140.95% from its 52-week high price of $2.53 and is indicating a premium of 80.95% from its 52-week low price of $0.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 57.13 million shares which gives us an average trading volume of 22.81 million if we extend that period to 3-months.
For SES AI Corporation (SES), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.
SES AI Corporation (NYSE:SES) trade information
Upright in the red during last session for losing -0.94%, in the last five days SES remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $1.05 price level, adding 19.54% to its value on the day. SES AI Corporation’s shares saw a change of -52.05% in year-to-date performance and have moved -4.55% in past 5-day. SES AI Corporation (NYSE:SES) showed a performance of -56.07% in past 30-days. Number of shares sold short was 11.16 million shares which calculate 0.3 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.5 to the stock, which implies a rise of 30.0% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 1.5. It follows that stock’s current price would drop -42.86% in reaching the projected high whereas dropping to the targeted low would mean a loss of -42.86% for stock’s current value.
SES AI Corporation (SES) estimates and forecasts
Statistics highlight that SES AI Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -11.02% of value to its shares in past 6 months, showing an annual growth rate of -35.29% while that of industry is 10.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2025.
In 2025, company’s earnings growth rate is likely to be around -72.82% while estimates for its earnings growth in next 5 years are of 27.62%.
SES AI Corporation (NYSE:SES)’s Major holders
Insiders are in possession of 18.95% of company’s total shares while institution are holding 32.11 percent of that, with stock having share float percentage of 39.62%. Investors also watch the number of corporate investors in a company very closely, which is 32.11% institutions for SES AI Corporation that are currently holding shares of the company. TEMASEK HOLDINGS (PRIVATE) LTD is the top institutional holder at SES for having 34.68 million shares of worth $43.34 million. And as of 2024-06-30, it was holding 10.8773 of the company’s outstanding shares.
The second largest institutional holder is GENERAL MOTORS HOLDINGS LLC, which was holding about 33.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3693 of outstanding shares, having a total worth of $41.32 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 3.88 shares of worth $4.08 million or 1.23% of the total outstanding shares. The later fund manager was in possession of 3.83 shares on Nov 30, 2024 , making its stake of worth around $4.02 million in the company or a holder of 1.21% of company’s stock.
