Airship AI Holdings Inc (NASDAQ:AISP) does about 1.92M shares in volume on a normal day but saw 6827371 shares change hands in the recent trading day. The company now has a market cap of 183.10M USD. Its current market price is $6.89, marking an increase of 22.82% compared to the previous close of $5.61. 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 $4.00 and the current price is -51.88% off the 52-week high compared with 414.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.08 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 25.11%, which decreases to 20.08% 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 80.39 to suggest the stock is overbought.
The consensus objective for the share price is $8.33, suggesting that the stock has a potential upside of 17.29% 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 72.42%, 123.53%, and 60.99% 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 57.67% over the week and 165.00% over the past month. Its price is 305.29% year-to-date and 255.15% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.03 and -0.38 for whole year. Expected sales for next quarter are $4.6M, which analysts say will come at $24.35M for the current fiscal year and next year at $31.75M. In addition, estimates put the company’s current quarterly revenue at an average of $4.5M.
To reach the target analysts have set, the stock logically needs to grow 17.29 percent from here.
The company has a return on equity of 10.92%. The price to earnings ratio (P/E ratio) amounts to 10.57 while the forward price to earnings ratio is 114.83. The beta has a value of 0.30. Price to sales ratio is 14.89.
