Deutsche Bank has recently resumed SES AI Corp (SES) stock to Hold rating, as announced on September 10, 2024, according to Finviz. Earlier, on September 5, 2024, Wolfe Research had resumed the stock to Underperform, setting a price target of $1. William Blair also initiated Mkt Perform rating. Additionally, Wolfe Research reduced Underperform rating on June 8, 2023, with a target price of $4. Cowen analysts, in their report published on October 31, 2022, also initiated Market Perform rating for SES AI Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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SES AI Corp (SES) Stock Trading Recap
On Monday, SES AI Corp (SES) stock saw a decline, ending the day at $0.36 which represents a decrease of $-0.01 or -2.70% from the prior close of $0.37. The stock opened at $0.38 and touched a low of $0.35 during the day, reaching a high of $0.39. The volume of shares traded was 2.72 million exceeding the average volume of 2.68 million.
SES Stock Performance and Moving Averages
In recent trading, SES AI Corp (SES) stock price has shown some volatility, fluctuating -19.97% over the last five trades and -42.54% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -73.54%, and it has plunged by -63.65% in the previous three months. Currently, SES is trading at -32.18%, -47.82%, and -69.10% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, SES, a Consumer Cyclical sector stock, is trading -86.00% below its 52-week high but remains 5.85% above its 52-week low. The Average True Range (ATR) (14 days) of 0.05 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
SES AI Corp’s Profitability and Valuation Ratios
SES AI Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 0.00% with a gross margin of -73.54%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, SES AI Corp’s market capitalization stands at $126.38 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Book Ratio is 0.42, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 55.29% of SES AI Corp (SES)’s shares, while financial institutions hold 18.93%.
Notable insider trades include Temasek Holdings (Private) Ltd, 10% Owner at SES AI Corp (SES), who sold 1380656 shares on Sep 17 ’24, at $1.14 each, totaling $1.57 million. On Dec 14 ’23, Makharia Rohit, PRES. & CHIEF STRATEGY OFFICER, sold 212000 shares for $2.26 each, amounting to $0.48 million. Additionally, on Dec 11 ’23, Makharia Rohit sold 75000 shares at $2.12 each, generating $0.16 million.
