SES AI (SES) to Release Quarterly Earnings on Thursday

SES AI (NYSE:SES) is scheduled to release its earnings data after the market closes on Thursday, May 2nd. Analysts expect SES AI to post earnings of ($0.05) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

SES AI (NYSE:SES) last announced its quarterly earnings data on Monday, February 26th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. During the same period in the previous year, the business posted ($0.05) earnings per share. On average, analysts expect SES AI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SES AI Stock Down 2.3 %

NYSE SES opened at $1.26 on Thursday. SES AI has a 52 week low of $1.15 and a 52 week high of $3.21. The business’s fifty day simple moving average is $1.53 and its 200-day simple moving average is $1.77. The firm has a market cap of $447.25 million, a PE ratio of -7.88 and a beta of 2.64.

Insider Transactions at SES AI

In other news, insider Hong Gan sold 25,000 shares of SES AI stock in a transaction on Monday, April 1st. The stock was sold at an average price of $1.60, for a total transaction of $40,000.00. Following the transaction, the insider now owns 875,001 shares in the company, valued at approximately $1,400,001.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 75,000 shares of company stock worth $116,750 in the last quarter. Company insiders own 15.39% of the company’s stock.

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.