The Question Is Whether To Buy Or Not To Buy SES AI Corporation (NYSE: SES)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for SES AI Corporation (SES) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 4.09%, to $1.78. The SES AI Corporation has recorded 4,884 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that SES Reports First Quarter 2023 Financial Results.

Stocks Info

SES AI Corporation is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Auto Parts industry. At the end of the last regular session, the stock closed at $1.71 and fluctuated between $1.8400 as its day high and $1.6800 as its day low. The current market capitalization of SES AI Corporation is $578.19M. A total of 0.92 million shares were traded on the day, compared to an average of 628.97K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SES has seen 11 BUY and 2 SELL insider trades, representing the acquisition of 2,008,371 and the disposition of 22,290 shares. Over the last 12 months, there were 27 BUYs and 27 SELLs from insiders. Insiders purchased 2,611,018 shares during that period but sold 798,122.

In the most recent transaction, Hu Qichao sold 69,872 shares of SES for 1.65 per share on Apr 28. After the transaction, the CEO & CHAIRMAN now owns 1,350,607 company shares. In a previous transaction on Apr 28, Son Yongkyu sold 37,381 shares at 1.65 per share. SES shares that CHIEF TECHNOLOGY OFFICER owns now total 583,862.

Among the insiders who sold shares, Gan Hong disposed of 37,261 shares on Apr 28 at a per-share price of $1.65. This resulted in the CHIEF SCIENCE OFFICER holding 451,273 shares of SES after the transaction. In another insider transaction, Nealis Jing sold 31,963 shares at $1.65 per share on Apr 28. Company shares held by the CHIEF FINANCIAL OFFICER now total 1,597,194.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SES in the last 3 months, the mean price target is $4.00 with high estimates of $4.00 and low estimates of $4.00. In terms of 52-week highs and lows, SES has a high of $7.79 and a low of $1.41.

As of this writing, SES has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SES’s latest balance sheet shows that the firm has $160.50M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $10.98M in liabilities at the time. Its Book Value Per Share was $1.26, while its Total Shareholder’s Equity was -$88.32M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SES is Buy with a score of 3.00.