AST SpaceMobile Inc (NASDAQ:ASTS) currently has a daily average trading volume of 12.53M but it saw 14908761 shares traded in last market. With a market cap of 3.09B USD, the company’s current market price of $20.44 came falling about -1.16 while comparing to the previous closing price of $20.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.28 and as low as $1.97.
Taking a look at 20-day trading activity of AST SpaceMobile Inc (ASTS) gives us an average price of $14.61, while its current price level is -3.95% below from 52-week high level whereas it is 937.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.33 while that of 200 days or SMA-200 reads an average of $5.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.45% during that period while stretching the period over a month that decreases to 11.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.08 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Buy” in its note to investors issued on March 08, 2024, recommending a price target of $7 for it. B. Riley Securities also issued its recommendations for the stock as it initiated the price target for the stock is $15.
Over the week, ASTS’s stock price is moving 22.84% up while it is 90.67% when we observe its performance for the past one month. Year-to-date it is 238.97% up and over the past year, the stock is showing an upside performance of 380.94%.
Currently, AST SpaceMobile Inc’s total number of outstanding shares is 151.35M. Company’s return on investment (ROI) stands at -27.01% and return on equity (ROE) at -64.25%. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 17.16 while price to sale or P/S ratio amounts to 6187.19. Its return on asset (ROA) is -20.16% on average.
