In the last trading session, 11.28 million shares of the SES AI Corporation (NYSE:SES) were traded, and its beta was 0.51. Most recently the company’s share price was $0.64, and it changed around $0.08 or 13.93% from the last close, which brings the market valuation of the company to $232.69M. SES currently trades at a discount to its 52-week high of $2.53, offering almost -295.31% off that amount. The share price’s 52-week low was $0.20, which indicates that the current value has risen by an impressive 68.75% since then. We note from SES AI Corporation’s average daily trading volume that its 10-day average is 11.69 million shares, with the 3-month average coming to 28.15 million.
SES AI Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended SES as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. SES AI Corporation is expected to report earnings per share of -0.06 for the current quarter.
SES AI Corporation (NYSE:SES) trade information
Instantly SES has showed a green trend with a performance of 13.93% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -70.86% year-to-date, but still up 21.82% over the last five days. On the other hand, SES AI Corporation (NYSE:SES) is 58.30% up in the 30-day period. We can see from the shorts that 23.59 million shares have been sold at a short interest cover period of 0.75 day(s).
The consensus price target as assigned by Wall Street analysts is $1.5, which translates to bulls needing to increase their stock price by 57.33% from its current value. Analyst projections state that SES is forecast to be at a low of $1.5 and a high of $1.5.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 2M in revenue for the current quarter. 1 analysts expect SES AI Corporation to make 4M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -646.96%. SES AI Corporation earnings are expected to increase by 24.15% in 2025, but the outlook is positive 59.89% per year for the next five years.
SES Dividends
SES AI Corporation’s next quarterly earnings report is expected to be released on 2025-Feb-24.
SES AI Corporation (NYSE:SES)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 18.18% of SES AI Corporation shares, and 32.32% of them are in the hands of institutional investors. The stock currently has a share float of 39.51%. SES AI Corporation stock is held by 125.0 institutions, with TEMASEK HOLDINGS (PRIVATE) LTD being the largest institutional investor. By 2024-06-30, it held 10.808% of the shares, which is about 34.68 million shares worth $43.34 million.
GENERAL MOTORS HOLDINGS LLC, with 10.3033% or 33.06 million shares worth $41.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.88 shares worth $2.48 million, making up 1.21% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.52 shares worth around $2.25 million, which represents about 1.10% of the total shares outstanding.
