AST SpaceMobile Inc (NASDAQ:ASTS) currently has a daily average trading volume of 16.19M but it saw 20143596 shares traded in last market. With a market cap of 4.22B USD, the company’s current market price of $27.87 came falling about -10.41 while comparing to the previous closing price of $31.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.08 and as low as $1.97. In the recent trading on the day, stock has struck highest price mark of $27.571 while lowest mark touched by it was $30.6.
Taking a look at 20-day trading activity of AST SpaceMobile Inc (ASTS) gives us an average price of $26.66, while its current price level is -28.68% below from 52-week high level whereas it is 1314.72% 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 $18.53 while that of 200 days or SMA-200 reads an average of $7.73. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.51% during that period while stretching the period over a month that increases to 17.29%. 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 54.39 which implies that the stock is in neutral 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 -23.52% down while it is 59.08% when we observe its performance for the past one month. Year-to-date it is 362.19% up and over the past year, the stock is showing an upside performance of 596.75%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.23 beaten by the consensus estimate of -0.21 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-12, for which analysts forecasted an EPS of -0.21 while estimate for next year EPS is -1.17. In next quarter, company is expected to be making quarterly sales of $58.12M as analysts are expecting the sales for current fiscal year at $94.02M and seeing the company making $498.56M in sales next year. Moreover, analysts are in estimates of $34.5M for current-quarter revenue.
Currently, AST SpaceMobile Inc’s total number of outstanding shares is 151.48M with 12.67% of that held by the insiders while 36.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -40.79% and return on equity (ROE) at -99.58%. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 28.55 while price to sale or P/S ratio amounts to 3015.53. Its return on asset (ROA) is -29.37% on average.
