SES AI Corporation [NYSE: SES] stock went on a downward path that fall over -13.58% on Monday, amounting to a one-week price decrease of less than -37.01%.
Over the last 12 months, SES stock dropped by -67.05%. The one-year SES AI Corporation stock forecast points to a potential upside of 43.0. The average equity rating for SES stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $206.72 million, with 317.68 million shares outstanding and 215.70 million shares in the current float. Compared to the average trading volume of 26.94M shares, SES stock reached a trading volume of 15403546 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SES AI Corporation [SES]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SES shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SES stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for SES AI Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 10, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Underperform. The new note on the price target was released on September 05, 2024, representing the official price target for SES AI Corporation stock.
The Average True Range (ATR) for SES AI Corporation is set at 0.14, with the Price to Sales ratio for SES stock in the period of the last 12 months amounting to 101.33. The Price to Book ratio for the last quarter was 0.74, with the Price to Cash per share for the same quarter was set at 0.73.
SES Stock Performance Analysis:
SES AI Corporation [SES] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -37.01. With this latest performance, SES shares dropped by -45.40% in over the last four-week period, additionally sinking by -44.34% over the last 6 months – not to mention a drop of -67.05% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SES stock in for the last two-week period is set at 29.38, with the RSI for the last a single of trading hit 17.05, and the three-weeks RSI is set at 36.92 for SES AI Corporation [SES]. The present Moving Average for the last 50 days of trading for this stock 1.1150, while it was recorded at 0.7101 for the last single week of trading, and 0.9422 for the last 200 days.
Insight into SES AI Corporation Fundamentals:
SES AI Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 12.13 and a Current Ratio set at 12.14.
SES Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SES. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SES AI Corporation go to 59.89%.
SES AI Corporation [SES] Institutonal Ownership Details
The top three institutional holders of SES stocks are: TEMASEK HOLDINGS (PRIVATE) LTD with ownership of 34.68 million shares, which is approximately 10.808%. GENERAL MOTORS HOLDINGS LLC, holding 33.06 million shares of the stock with an approximate value of $$41.32 million in SES stocks shares; and GENERAL MOTORS HOLDINGS LLC, currently with $$11.93 million in SES stock with ownership which is approximately 2.9941%.
