AirNet Technology Inc ADR (NASDAQ:ANTE) does about 2.67M shares in volume on a normal day but saw 717821 shares change hands in the recent trading day. The company now has a market cap of 10.45M USD. Its current market price is $0.73, marking an increase of 23.94% compared to the previous close of $0.59. 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 $0.4835 and the current price is -74.83% off the 52-week high compared with 180.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5119 and its 200-day simple moving average is $0.5449. If we look at the stock’s price movements over the week, volatility stands at 22.52%, which increases to 25.43% 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 61.94 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 89.42% over the period.
The current price level is 50.99%, 42.60%, and 33.98% away from its SMA20, SMA50, and SMA200 respectively, with the ANTE price moving below the 50-day SMA on current market day. AirNet Technology Inc ADR (ANTE) stock is up 54.40% over the week and -54.66% over the past month. Its price is 53.68% year-to-date and -56.55% 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 89.42 percent from here.
Outstanding shares total 14.31M with insiders holding 1.40% of the shares and institutional holders owning 0.99% 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 0.21. The beta has a value of 1.57. Price to book ratio is 0.24 and price to sales ratio is 20.48.
