Is SES AI Corporation (NYSE: SES) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Brian Krzanich Joins SES AI Board of Directors.

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Stocks Info

This NYSE-listed company operates within the Auto Parts industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $1.36 and fluctuated between $1.4500 as its day high and $1.3400 as its day low. The current market capitalization of SES AI Corporation is $478.35M. A total of 0.7 million shares were traded on the day, compared to an average of 584.45K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, SES has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 10,802 shares. Over the last 12 months, there were 17 BUYs and 22 SELLs from insiders. Insiders purchased 2,604,492 shares during that period but sold 893,429.

In the most recent transaction, Gan Hong sold 25,000 shares of SES for 1.85 per share on Jan 02. After the transaction, the CHIEF SCIENCE OFFICER now owns 451,273 company shares. In a previous transaction on Dec 18, Nealis Jing sold 11,242 shares at 2.09 per share. SES shares that CHIEF FINANCIAL OFFICER owns now total 1,510,122.

Among the insiders who sold shares, Makharia Rohit disposed of 212,000 shares on Dec 14 at a per-share price of $2.26. This resulted in the PRES. & CHIEF STRATEGY OFFICER holding 104,603 shares of SES after the transaction. In another insider transaction, Makharia Rohit sold 75,000 shares at $2.12 per share on Dec 11. Company shares held by the PRES. & CHIEF STRATEGY OFFICER now total 104,603.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SES has a high of $3.58 and a low of $1.20.

As of this writing, SES has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.12. The company reported an EPS of -$0.04 in the last quarter, which was 50.00% higher than expectations of -$0.08.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $1.03, while its Total Shareholder’s Equity was -$88.32M.

Analysts Opinion

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. 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 2.60.

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