SES AI Corporation (NYSE:SES) price on Wednesday, April 30, fall -6.92% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.90.
A look at the stock’s price movement, the close in the last trading session was $0.97, moving within a range at $0.8654 and $0.94. The beta value (5-Year monthly) was 0.555. Turning to its 52-week performance, $2.53 and $0.20 were the 52-week high and 52-week low respectively. Overall, SES moved 72.61% over the past month.
SES AI Corporation’s market cap currently stands at around $327.76 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
Analysts have a consensus estimate of 4.5M for the company’s revenue for the quarter, with a low and high estimate of 4M and 5M respectively.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SES is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend SES as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SES’s current price about 28.88% and 38.35% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.36, while 7-day volatility ratio is 15.88% and 14.72% in the 30-day chart. Further, SES AI Corporation (SES) has a beta value of 0.42, and an average true range (ATR) of 0.11. Analysts have given the company’s stock an average 52-week price target of $1.5, forecast between a low of $1.5 and high of $1.5. Looking at the price targets, the low is -66.67% off current price level while to achieve the yearly target high, price needs to move -66.67%. Nonetheless, investors will most likely welcome a -66.67% jump to $1.5 which is the analysts’ median price.
If we refocus on SES AI Corporation (NYSE:SES), historical trading data shows that trading volumes averaged 20.72 over the past 10 days and 21.75 million over the past 3 months. The company’s latest data on shares outstanding shows there are 317.68 million shares.
The 41.27% of SES AI Corporation’s shares are in the hands of company insiders while institutional holders own 19.59% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19.83 million on 2025-04-15, giving us a short ratio of 0.67. The data shows that as of 2025-04-15 short interest in SES AI Corporation (SES) stood at 1119.99996 of shares outstanding, with shares short falling to 19.84 million registered in 2025-03-14. Current price change has pushed the stock -58.96% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SES stock continues to rise going into the next quarter.
