SES AI Corporation (NYSE:SES) has a beta value of -77.37% and has seen 15.45 shares traded in the last trading session. The company, currently valued at $308.01M, closed the last trade at $0.92 per share which meant it lost -$0.58 on the day or 0.84% during that session. The SES stock price is -175.0% off its 52-week high price of $2.53 and 78.26% 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 7.29 million shares traded. The 3-month trading volume is 0.68 shares.
The consensus among analysts is that SES AI Corporation (SES) is Buy stock at the moment, with a recommendation rating of 42.66. 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.
SES AI Corporation (NYSE:SES) trade information
Sporting 0.84% in the green 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 $0.92 or saw a rise of 8.91%. Year-to-date, SES AI Corporation shares have moved -33.37%, while the 5-day performance has seen it change -15.58%. Over the past 30 days, the shares of SES AI Corporation (NYSE:SES) have changed -11.63%. Short interest in the company has seen 17.19 million shares shorted with days to cover at 1.33.
Wall Street analysts have a consensus price target for the stock at $1.5, which means that the shares’ value could jump 38.67% 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 -63.04% off the targeted high while a plunge would see the stock gain -63.04% from current levels.
SES AI Corporation (SES) estimates and forecasts
The company’s shares have gained 103.89% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 15.26% -646.96% over the past 5 years.
SES Dividends
SES AI Corporation is expected to release its next earnings report on 2025-Feb-25 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 17.06% of the company shares, while shares held by institutions stand at 34.43% with a share float percentage of 41.52%. Investors are also buoyed by the number of investors in a company, with SES AI Corporation having a total of 137.0 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 10.808% 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 10.3033% of shares outstanding.
