SES AI (SES) Expected to Announce Earnings on Tuesday

SES AI (NYSE:SES) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect SES AI to post earnings of ($0.07) per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

SES AI Trading Down 5.7 %

SES AI stock opened at $0.90 on Monday. The company has a market capitalization of $323.44 million, a P/E ratio of -3.90 and a beta of 0.28. SES AI has a 1-year low of $0.20 and a 1-year high of $2.53. The firm’s fifty day simple moving average is $1.16 and its 200-day simple moving average is $0.84.

Insider Buying and Selling at SES AI

In related news, CEO Qichao Hu sold 194,459 shares of SES AI stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $227,517.03. Following the completion of the transaction, the chief executive officer now directly owns 2,781,769 shares of the company’s stock, valued at $3,254,669.73. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Jing Nealis sold 50,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $1.02, for a total transaction of $51,000.00. Following the completion of the transaction, the chief financial officer now directly owns 1,935,322 shares of the company’s stock, valued at approximately $1,974,028.44. This represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 547,471 shares of company stock valued at $610,541 in the last 90 days. 15.07% of the stock is currently owned by company 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.