SES AI (SES) Projected to Post Quarterly Earnings on Tuesday

SES AI (NYSE:SES) is expected to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

SES AI Trading Down 5.7 %

Shares of NYSE SES opened at $0.90 on Friday. SES AI has a 12-month low of $0.20 and a 12-month high of $2.53. The firm has a market capitalization of $323.44 million, a price-to-earnings ratio of -3.90 and a beta of 0.28. The firm has a 50 day moving average of $1.16 and a 200 day moving average of $0.84.

Insider Buying and Selling at SES AI

In other news, CFO Jing Nealis sold 150,000 shares of the business’s stock in a transaction on Thursday, December 26th. The shares were sold at an average price of $1.02, for a total value of $153,000.00. Following the transaction, the chief financial officer now owns 1,935,322 shares of the company’s stock, valued at approximately $1,974,028.44. The trade was a 7.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Qichao Hu sold 194,459 shares of the business’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $1.17, for a total transaction of $227,517.03. Following the completion of the transaction, the chief executive officer now directly owns 2,781,769 shares in the company, valued at $3,254,669.73. This trade represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 547,471 shares of company stock valued at $610,541 over the last 90 days. 15.07% of the stock is currently owned by corporate insiders.

About SES AI

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.