AST SpaceMobile Inc (ASTS) concluded trading on 01/11/24 at a closing price of $4.27, with 4.16 million shares of worth about $17.76 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.61% during that period and on Thursday the price saw a loss of about -13.74%. Currently the company’s common shares owned by public are about 89.47M shares, out of which, 78.80M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 5 times over the past 12 months. They bought 153,848 shares in 4 of the transactions. In 1 selling transactions, insiders dumped 20,678 shares.
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AST SpaceMobile Inc (NASDAQ: ASTS) started trading at $4.88, below -$0.07 from concluding price of the previous day. However, the stock later moved at a day high price of 4.8700, or with a loss of -13.74%. Stock saw a price change of -11.41% in past 5 days and over the past one month there was a price change of -18.51%. Year-to-date (YTD), ASTS shares are showing a performance of -29.19% which decreased to -12.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.73 but also hit the highest price of $7.14 during that period. The average intraday trading volume for AST SpaceMobile Inc shares is 2.08 million. The stock is currently trading -21.21% below its 20-day simple moving average (SMA20), while that difference is down -11.79% for SMA50 and it goes to -6.41% lower than SMA200.
AST SpaceMobile Inc (NASDAQ: ASTS) currently have 89.47M outstanding shares and institutions hold larger chunk of about 33.35% of that.
The stock has a current market capitalization of $382.04M and its 3Y-monthly beta is at 0.89. It has posted earnings per share of -$0.84 in the same period. It has Quick Ratio of 6.06 while making debt-to-equity ratio of 0.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ASTS, volatility over the week remained 7.62% while standing at 7.46% over the month.
Analysts are in expectations that AST SpaceMobile Inc (ASTS) stock would likely to be making an EPS of $AST SpaceMobile, Inc. in the current quarter, while forecast for next quarter EPS is $4.27 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Astra Space, Inc. which is $Akoustis Technologies, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Vestis Corporation in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -30.20% while it is estimated to decrease by -10.18% in next year.
Analysts at 3 brokerage firms have issued recommendations for the AST SpaceMobile Inc (ASTS)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.33. Out of those 3 Wall Street analysts, 2 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on October 28, 2022 offering a Buy rating for the stock and assigned a target price of $15 to it.
