Investors Getting Picky When It Comes To Buying Airship AI Holdings Inc (AISP)

Airship AI Holdings Inc (NASDAQ:AISP) does about 869.40K shares in volume on a normal day but saw 3936805 shares change hands in the recent trading day. The company now has a market cap of 105.76M USD. Its current market price is $3.23, marking an increase of 3.53% compared to the previous close of $3.12. 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 $2.76 and the current price is -77.44% off the 52-week high compared with 141.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.39 and its 200-day simple moving average is $4.28. If we look at the stock’s price movements over the week, volatility stands at 15.08%, which increases to 15.61% 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 61.39 to suggest the stock is neutral.

The consensus objective for the share price is $8.50, suggesting that the stock has a potential upside of 62.0% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 13, 2024 when The Benchmark Company initiated the stock to “Buy” and issued a price target of $6.

The current price level is 17.23%, 35.29%, and -24.46% 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 32.38% over the week and 70.00% over the past month. Its price is 90.00% year-to-date and -69.70% over the past year.

To reach the target analysts have set, the stock logically needs to grow 62.0 percent from here.

The company has a return on equity of 10.92%. The price to earnings ratio (P/E ratio) amounts to 4.95 while the forward price to earnings ratio is 53.83. The beta has a value of 0.45. Price to sales ratio is 8.60.