It’s Not Over Yet For 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. Most recently, Yahoo Finance reported about the stock as it publicized that SES Reports Fourth Quarter and Full Year 2023 Business and Financial Results; Provides 2024 Outlook.

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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 $1.74 and fluctuated between $1.8600 as its day high and $1.6300 as its day low. The current market capitalization of SES AI Corporation is $612.01M. A total of 1.2 million shares were traded on the day, compared to an average of 610.61K 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 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 21 SELLs from insiders. Insiders purchased 2,604,492 shares during that period but sold 882,634.

In the most recent transaction, Gan Hong sold 25,000 shares of SES for 1.38 per share on Feb 01. After the transaction, the CHIEF SCIENCE OFFICER now owns 451,273 company shares. In a previous transaction on Jan 02, Gan Hong sold 25,000 shares at 1.85 per share. SES shares that CHIEF SCIENCE OFFICER owns now total 451,273.

Among the insiders who sold shares, Nealis Jing disposed of 11,242 shares on Dec 18 at a per-share price of $2.09. This resulted in the CHIEF FINANCIAL OFFICER holding 1,510,122 shares of SES after the transaction. In another insider transaction, Makharia Rohit sold 212,000 shares at $2.26 per share on Dec 14. Company shares held by the PRES. & CHIEF STRATEGY OFFICER now total 104,603.

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 $3.32 and a low of $1.16.

As of this writing, SES has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.04 in the last quarter, which was 60.00% higher than expectations of -$0.1.

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 $1.01, 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 2.60.

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