In today’s recent session, 6.22 million shares of the SES AI Corporation (NYSE:SES) have been traded, and its beta is 0.45. Most recently the company’s share price was $0.98, and it changed around $0.03 or 3.32% from the last close, which brings the market valuation of the company to $360.63M. SES at last check was trading at a discount to its 52-week high of $2.53, offering almost -158.16% off that amount. The share price’s 52-week low was $0.20, which indicates that the recent value has risen by an impressive 79.59% since then. We note from SES AI Corporation’s average daily trading volume that its 10-day average is 13.24 million shares, with the 3-month average coming to 20.84 million.
SES AI Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 1 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended SES as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
SES AI Corporation (NYSE:SES) trade information
Instantly SES has been showing a green trend so far today with a performance of 3.32% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.0200 on recent trading dayincreased the stock’s daily price by 3.92%. The company’s shares are currently down -55.11% year-to-date, but still up 15.10% over the last five days. On the other hand, SES AI Corporation (NYSE:SES) is -4.56% down in the 30-day period. We can see from the shorts that 22.11 million shares have been sold at a short interest cover period of 1.38 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 34.67% 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.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -646.96%.
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 17.06% of SES AI Corporation shares, and 34.46% of them are in the hands of institutional investors. The stock currently has a share float of 41.55%. SES AI Corporation stock is held by 137.0 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 $3.76 million, making up 1.20% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 3.6 shares worth around $3.49 million, which represents about 1.12% of the total shares outstanding.
