AST SpaceMobile Inc (NASDAQ:ASTS) currently has a daily average trading volume of 17.26M but it saw 7135032 shares traded in last market. With a market cap of 4.33B USD, the company’s current market price of $26.26 came falling about -5.84 while comparing to the previous closing price of $27.89. 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 $25.5 while lowest mark touched by it was $27.73.
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 -6.95% down while it is 1.59% when we observe its performance for the past one month. Year-to-date it is 335.49% up and over the past year, the stock is showing an upside performance of 858.39%.
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 in November, for which analysts forecasted an EPS of -0.2 while estimate for next year EPS is -1.1. In next quarter, company is expected to be making quarterly sales of $40.72M as analysts are expecting the sales for current fiscal year at $94.02M and seeing the company making $505.2M in sales next year. Moreover, analysts are in estimates of $24.13M for current-quarter revenue.
Currently, AST SpaceMobile Inc’s total number of outstanding shares is 164.90M. 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 26.90 while price to sale or P/S ratio amounts to 3093.05. Its return on asset (ROA) is -29.37% on average.
