SES AI (SES) Expected to Announce Earnings on Tuesday

SES AI (NYSE:SES - Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

SES AI Price Performance

Shares of NYSE:SES traded down $0.05 during mid-day trading on Friday, reaching $0.90. 15,836,084 shares of the company traded hands, compared to its average volume of 31,165,025. The company's 50 day moving average price is $1.16 and its 200-day moving average price is $0.84. SES AI has a 52 week low of $0.20 and a 52 week high of $2.53. The firm has a market cap of $323.44 million, a PE ratio of -3.90 and a beta of 0.28.

Insider Buying and Selling

In related news, CFO Jing Nealis sold 80,992 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $94,760.64. Following the transaction, the chief financial officer now directly owns 1,841,637 shares of the company's stock, valued at approximately $2,154,715.29. The trade was a 4.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kyle Pilkington sold 44,051 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $51,539.67. Following the completion of the transaction, the insider now directly owns 496,580 shares in the company, valued at approximately $580,998.60. This represents a 8.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 547,471 shares of company stock valued at $610,541. Corporate insiders own 15.07% of the company's stock.

SES AI Company Profile

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.