Stocks of SES AI Corporation (NYSE:SES) traded higher last session on Wall Street, up 6.35% to $0.31.
SES stock price is now -51.27% away from the 50-day moving average and -72.58% away from the 200-day moving average. The market capitalization of the company currently stands at $113.59M.
, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, SK INC., 10% Owner sold 170,248 shares of the company’s stock on Nov 11 ’24. The stock was sold for $61,289 at an average price of $0.36. Upon completion of the transaction, the 10% Owner now directly owns 34,869,155 shares in the company, valued at $10.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07 ’24, 10% Owner SK INC. sold 154,105 shares of the business’s stock. A total of $60,101 was realized by selling the stock at an average price of $0.39. This leaves the insider owning 35,142,518 shares of the company worth $10.89 million. A total of 55.29% of the company’s stock is owned by insiders.
During the past 12 months, SES AI Corporation has had a low of $0.27 and a high of $2.57. 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 $0.6608 and a two-hundred day moving average price translates $1.15396 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.
