SES AI (SES) to Release Quarterly Earnings on Thursday

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

SES AI (NYSE:SES) last released its quarterly earnings results on Monday, February 26th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. During the same quarter in the previous year, the company posted ($0.05) EPS. 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 %

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

Insider Activity at SES AI

In other SES AI news, insider Hong Gan sold 25,000 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $1.69, for a total transaction of $42,250.00. Following the transaction, the insider now owns 875,001 shares in the company, valued at $1,478,751.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 75,000 shares of company stock valued at $116,750 over the last 90 days. 15.39% of the stock is 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.