In the last trading session, 15.69 million SES AI Corporation (NYSE:SES) shares changed hands as the company’s beta touched 0.28. With the company’s per share price at $0.90 changed hands at -$0.05 or -5.40% during last session, the market valuation stood at $324.53M. SES’s last price was a discount, traded about -181.11% off its 52-week high of $2.53. The share price had its 52-week low at $0.20, which suggests the last value was 77.78% up since then.
Analysts gave the SES AI Corporation (SES) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SES as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. SES AI Corporation’s EPS for the current quarter is expected to be -0.09.
SES AI Corporation (NYSE:SES) trade information
Instantly SES was in red as seen at the end of in last trading. With action -13.46%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -58.90%, with the 5-day performance at -13.46% in the red. However, in the 30-day time frame, SES AI Corporation (NYSE:SES) is 8.25% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 40.0% from its current market value. According to analyst projections, SES’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -66.67% plunge from its current level, while the stock would need to soar -66.67% for it to hit the projected low.
SES AI Corporation (NYSE:SES)’s Major holders
GENERAL MOTORS HOLDINGS LLC holds the second largest percentage of outstanding shares, with 10.3033% or 33.06 million shares worth $41.32 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 3.88 shares estimated at $3.5 million under it, the former controlled 1.23% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.21% of the shares, roughly 3.83 shares worth around $3.45 million.
