Stocks of SES AI Corporation (NYSE:SES) traded higher last session on Wall Street, up 1.44% to $0.97.
SES stock price is now 30.26% away from the 50-day moving average and 22.79% away from the 200-day moving average. The market capitalization of the company currently stands at $354.09M.
With the price target of $2, Cantor Fitzgerald recently initiated with Overweight rating for SES AI Corporation (NYSE: SES). , while ‘Wolfe Research’ rates the stock as ‘Underperform’
In other news, Pilkington Kyle, CHIEF LEGAL OFFICER sold 44,051 shares of the company’s stock on Feb 10 ’25. The stock was sold for $51,597 at an average price of $1.17. Upon completion of the transaction, the CHIEF LEGAL OFFICER now directly owns 496,580 shares in the company, valued at $0.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, CHIEF MANUFACTURING OFFICER Li Gang sold 15,909 shares of the business’s stock. A total of $18,634 was realized by selling the stock at an average price of $1.17. This leaves the insider owning 224,473 shares of the company worth $0.22 million. A total of 40.94% 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 15.61, and a quick ratio of 15.60.
The net profit margin was -1239.12% and return on equity was -31.45% for SES.
