On Tuesday, SES AI Corporation (NYSE: SES) was -3.83% drop from the session before settling in for the closing price of $1.02. A 52-week range for SES has been $0.81 – $2.66.
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When this article was written, the company’s average yearly earnings per share was at -71.43%. With a float of $163.07 million, this company’s outstanding shares have now reached $310.27 million.
Considering the fact that the conglomerate employs 300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 12.3%, operating margin of -1058.72%, and the pretax margin is -772.79%.
SES AI Corporation (SES) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SES AI Corporation stocks. The insider ownership of SES AI Corporation is 54.39%, while institutional ownership is 20.15%. The most recent insider transaction that took place on Sep 13 ’24, was worth 172,161. In this transaction 10% Owner of this company sold 165,539 shares at a rate of $1.04, taking the stock ownership to the 5,466,590 shares. Before that another transaction happened on Sep 16 ’24, when Company’s 10% Owner sold 67,890 for $1.02, making the entire transaction worth $69,248. This insider now owns 5,398,700 shares in total.
SES AI Corporation (SES) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -71.43% per share during the next fiscal year.
SES AI Corporation (NYSE: SES) Trading Performance Indicators
You can see what SES AI Corporation (SES) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 22.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.19, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.73 in one year’s time.
Technical Analysis of SES AI Corporation (SES)
Compared to the last year’s volume of 0.82 million, its volume of 8.87 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.39%. Additionally, its Average True Range was 0.09.
During the past 100 days, SES AI Corporation’s (SES) raw stochastic average was set at 18.93%, which indicates a significant decrease from 20.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.88% in the past 14 days, which was lower than the 80.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0911, while its 200-day Moving Average is $1.4041. Nevertheless, the first resistance level for the watch stands at $1.2206 in the near term. At $1.4603, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6206. If the price goes on to break the first support level at $0.8206, it is likely to go to the next support level at $0.6603. Should the price break the second support level, the third support level stands at $0.4206.
SES AI Corporation (NYSE: SES) Key Stats
There are 357,012K outstanding shares of the company, which has a market capitalization of 350.71 million. As of now, sales total 0 K while income totals -53,400 K. Its latest quarter income was 0 K while its last quarter net income were -19,900 K.
