AirNet Technology Inc ADR (NASDAQ:ANTE) does about 2.45M shares in volume on a normal day but saw 15249537 shares change hands in the recent trading day. The company now has a market cap of 6.77M USD. Its current market price is $0.47, marking a decrease of -2.11% compared to the previous close of $0.48. The 52 week high reached by this stock is $2.90 whilst the lowest price level in 52 weeks is $0.26.
AirNet Technology Inc ADR (ANTE) has a 20-day trading average at $0.5572 and the current price is -83.70% off the 52-week high compared with 81.85% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5009 and its 200-day simple moving average is $0.5569. If we look at the stock’s price movements over the week, volatility stands at 32.04%, which decreases to 29.30% 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 48.78 to suggest the stock is neutral.
The consensus objective for the share price is $6.90, suggesting that the stock has a potential upside of 93.19% over the period.
The current price level is -15.15%, -5.60%, and -15.10% away from its SMA20, SMA50, and SMA200 respectively, with the ANTE price moving above the 50-day SMA on current market day. AirNet Technology Inc ADR (ANTE) stock is up 9.93% over the week and 12.57% over the past month. Its price is -0.46% year-to-date and -69.50% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 93.19 percent from here.
Outstanding shares total 14.31M with insiders holding 1.40% of the shares and institutional holders owning 1.02% of the company’s common stock. The company has a return on investment of 52.47% and return on equity of 98.14%. The price to earnings ratio (P/E ratio) amounts to 0.14. The beta has a value of 1.54. Price to book ratio is 0.15 and price to sales ratio is 13.27.
