SES AI Corporation (NYSE:SES) has a beta value of 0.28 and has seen 8.4 million shares traded in the last trading session. The company, currently valued at $367.79M, closed the last trade at $1.02 per share which meant it lost -$0.02 on the day or -1.92% during that session. The SES stock price is -148.04% off its 52-week high price of $2.53 and 80.39% above the 52-week low of $0.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.0 million shares traded. The 3-month trading volume is 25.37 million shares.
The consensus among analysts is that SES AI Corporation (SES) is Buy stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.09.
SES AI Corporation (NYSE:SES) trade information
Sporting -1.92% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SES stock price touched $1.02 or saw a rise of 19.05%. Year-to-date, SES AI Corporation shares have moved -53.42%, while the 5-day performance has seen it change -19.05%. Over the past 30 days, the shares of SES AI Corporation (NYSE:SES) have changed 22.91%. Short interest in the company has seen 20.14 million shares shorted with days to cover at 0.49.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 32.0% from current levels. The projected low price target is $1.5 while the price target rests at a high of $1.5. In that case, then, we find that the current price level is -47.06% off the targeted high while a plunge would see the stock gain -47.06% from current levels.
SES AI Corporation (SES) estimates and forecasts
The company’s shares have gained 13.03% over the past 6 months.
Earnings growth for 2025 is a modest -72.82% while over the next 5 years, the company’s earnings are expected to increase by 27.62%.
SES Dividends
SES AI Corporation is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SES AI Corporation (NYSE:SES)’s Major holders
Insiders own 20.20% of the company shares, while shares held by institutions stand at 32.72% with a share float percentage of 41.01%. Investors are also buoyed by the number of investors in a company, with SES AI Corporation having a total of 122.0 institutions that hold shares in the company. The top two institutional holders are TEMASEK HOLDINGS (PRIVATE) LTD with over 34.68 million shares worth more than $43.34 million. As of 2024-06-30, TEMASEK HOLDINGS (PRIVATE) LTD held 10.8773% of shares outstanding.
The other major institutional holder is GENERAL MOTORS HOLDINGS LLC, with the holding of over 33.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $41.32 million and represent 10.3693% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Sep 30, 2024 , the former fund manager holds about 1.23% shares in the company for having 3.88 shares of worth $3.96 million while later fund manager owns 3.83 shares of worth $3.91 million as of Nov 30, 2024 , which makes it owner of about 1.21% of company’s outstanding stock.
