The price of SES AI Corporation (NYSE:SES) shares last traded on Wall Street rose 15.77% to $0.33.
SES stock price is now -45.37% away from the 50-day moving average and -70.93% away from the 200-day moving average. The market capitalization of the company currently stands at $118.88M.
, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, General Motors Holdings LLC, 10% Owner sold 13,332,000 shares of the company’s stock on Nov 15 ’24. The stock was sold for $2,666,400 at an average price of $0.20. Upon completion of the transaction, the 10% Owner now directly owns 9,843,622 shares in the company, valued at $3.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, Owner General Motors Ventures LLC bought 13,332,000 shares of the business’s stock. A total of $2,702,396 was incurred on buying the stock at an average price of $0.20. A total of 55.17% 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 $2.57. 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 $0.6172 and a two-hundred day moving average price translates $1.13846 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.
