In yesterday’s Wall Street session, SES AI Corporation (NYSE:SES) shares traded at $0.71, up 36.33% from the previous session.
SES stock price is now 60.64% away from the 50-day moving average and -29.26% away from the 200-day moving average. The market capitalization of the company currently stands at $349.03M.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, SK INC., 10% Owner sold 400,000 shares of the company’s stock on Dec 18 ’24. The stock was sold for $168,000 at an average price of $0.42. Upon completion of the transaction, the 10% Owner now directly owns 31,843,210 shares in the company, valued at $22.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, 10% Owner SK INC. sold 326,460 shares of the business’s stock. A total of $124,055 was realized by selling the stock at an average price of $0.38. This leaves the insider owning 32,243,210 shares of the company worth $22.89 million. A total of 50.21% of the company’s stock is owned by insiders.
During the past 12 months, SES AI Corporation has had a low of $0.20 and a high of $2.02. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 15.24, and a quick ratio of 15.22. The fifty day moving average price for SES is $0.43958 and a two-hundred day moving average price translates $1.007655 for the stock.
The latest earnings results from SES AI Corporation (NYSE: SES) was released for 2024-09-30. The company reported revenue of $34.22 million for the quarter, compared to $19.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 76.77 percent.
