Airship AI Holdings Inc (NASDAQ:AISP) does about 783.04K shares in volume on a normal day but saw 2628524 shares change hands in the recent trading day. The company now has a market cap of 99.05M USD. Its current market price is $3.18, marking an increase of 15.64% compared to the previous close of $2.75. The 52 week high reached by this stock is $14.32 whilst the lowest price level in 52 weeks is $1.34.
Airship AI Holdings Inc (AISP) has a 20-day trading average at $2.17 and the current price is -77.79% off the 52-week high compared with 137.31% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.34 and its 200-day simple moving average is $4.18. If we look at the stock’s price movements over the week, volatility stands at 13.20%, which decreases to 8.68% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.66 to suggest the stock is overbought.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 73.5% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 20, 2024 when ROTH MKM initiated the stock to “Buy” and issued a price target of $12.
The current price level is 46.58%, 35.87%, and -23.94% away from its SMA20, SMA50, and SMA200 respectively, with the AISP price moving below the 50-day SMA on current market day. Airship AI Holdings Inc (AISP) stock is up 57.43% over the week and 38.26% over the past month. Its price is 87.06% year-to-date and -70.19% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $4.8M, which analysts say will come at $25.5M for the current fiscal year and next year at $33.9M. In addition, estimates put the company’s current quarterly revenue at an average of $4.7M.
To reach the target analysts have set, the stock logically needs to grow 73.5 percent from here.
The company has a return on equity of 10.92%. The price to earnings ratio (P/E ratio) amounts to 4.88. The beta has a value of 0.33. Price to sales ratio is 8.05.
