16.04% volatility in SES AI Corporation (SES) last month: This is a red flag warning

SES AI Corporation (NYSE: SES) on Monday, soared 11.77% from the previous trading day, before settling in for the closing price of $0.31. Within the past 52 weeks, SES’s price has moved between $0.20 and $2.44.

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The company achieved an average annual earnings per share of -88.08%. With a float of $175.69 million, this company’s outstanding shares have now reached $310.27 million.

In an organization with 300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 4.46%, operating margin of -1247.87%, and the pretax margin is -986.42%.

SES AI Corporation (SES) Insider Updates

Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of SES AI Corporation is 51.28%, while institutional ownership is 18.07%. The most recent insider transaction that took place on Nov 15 ’24, was worth 2,666,400. In this transaction 10% Owner of this company sold 13,332,000 shares at a rate of $0.20, taking the stock ownership to the 9,843,622 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Owner proposed sale 13,332,000 for $0.20, making the entire transaction worth $2,702,396.

SES AI Corporation (SES) Performance Highlights and Predictions

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -0.12) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -88.08% per share during the next fiscal year.

SES AI Corporation (NYSE: SES) Trading Performance Indicators

SES AI Corporation (SES) is currently performing well based on its current performance indicators. A quick ratio of 15.22 was reported for the most recent quarter.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -1.01 in one year’s time.

Technical Analysis of SES AI Corporation (SES)

Let’s dig in a bit further. During the last 5-days, its volume was 5.64 million. That was better than the volume of 1.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.09%. Additionally, its Average True Range was 0.05.

During the past 100 days, SES AI Corporation’s (SES) raw stochastic average was set at 11.62%, which indicates a significant decrease from 60.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 142.62% in the past 14 days, which was higher than the 103.33% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.5461, while its 200-day Moving Average is $1.1148. However, in the short run, SES AI Corporation’s stock first resistance to watch stands at $0.3636. Second resistance stands at $0.3855. The third major resistance level sits at $0.4136. If the price goes on to break the first support level at $0.3136, it is likely to go to the next support level at $0.2855. Assuming the price breaks the second support level, the third support level stands at $0.2636.

SES AI Corporation (NYSE: SES) Key Stats

Market capitalization of the company is 123.25 million based on 360,585K outstanding shares. Right now, sales total 0 K and income totals -53,400 K. The company made 0 K in profit during its latest quarter, and -30,190 K in sales during its previous quarter.