The price of SES AI Corporation (NYSE:SES) shares last traded on Wall Street fell -2.65% to $1.10.
SES stock price is now 36.57% away from the 50-day moving average and 10.97% away from the 200-day moving average. The market capitalization of the company currently stands at $396.64M.
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, while ‘William Blair’ rates the stock as ‘Mkt Perform’
In other news, Nealis Jing, CHIEF FINANCIAL OFFICER sold 50,000 shares of the company’s stock on Jan 16 ’25. The stock was sold for $51,000 at an average price of $1.02. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 1,935,322 shares in the company, valued at $2.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 16 ’25, Officer JING NEALIS bought 50,000 shares of the business’s stock. A total of $41,495 was incurred on buying the stock at an average price of $0.83. A total of 45.82% 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 $2.53. 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 $0.79068 and a two-hundred day moving average price translates $0.99342 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.
