In yesterday’s Wall Street session, SES AI Corporation (NYSE:SES) shares traded at $0.76, down -0.18% from the previous session.
SES stock price is now -25.55% away from the 50-day moving average and -43.96% away from the 200-day moving average. The market capitalization of the company currently stands at $271.05M.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Temasek Holdings (Private) Ltd, 10% Owner sold 467,143 shares of the company’s stock on Sep 19 ’24. The stock was sold for $420,429 at an average price of $0.90. Upon completion of the transaction, the 10% Owner now directly owns 2,550,901 shares in the company, valued at $1.94 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 20 ’24, 10% Owner Temasek Holdings (Private) Ltd sold 253,119 shares of the business’s stock. A total of $210,089 was realized by selling the stock at an average price of $0.83. This leaves the insider owning 2,297,782 shares of the company worth $1.75 million. A total of 54.39% of the company’s stock is owned by insiders.
During the past 12 months, SES AI Corporation has had a low of $0.62 and a high of $2.66. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 22.22, and a quick ratio of 22.18. The fifty day moving average price for SES is $1.00666 and a two-hundred day moving average price translates $1.345615 for the stock.
The latest earnings results from SES AI Corporation (NYSE: SES) was released for 2024-06-30. The company reported revenue of $24.63 million for the quarter, compared to $19.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.79 percent.
