Currently, there are 151.48M common shares owned by the public and among those 129.06M shares have been available to trade.
The company’s stock has a 5-day price change of 5.90% and 693.72% over the past three months. ASTS shares are trading 444.94% year to date (YTD), with the 12-month market performance up to 771.62% higher. It has a 12-month low price of $1.97 and touched a high of $39.08 over the same period. ASTS has an average intraday trading volume of 15.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 35.91%, 95.05%, and 357.63% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of AST SpaceMobile Inc (NASDAQ: ASTS) shares accounts for 36.39% of the company’s 151.48M shares outstanding.
It has a market capitalization of $4.98B and a beta (3y monthly) value of 1.59. The earnings-per-share (ttm) stands at -$1.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 18.81% over the week and 17.66% over the month.
Earnings per share for the fiscal year are expected to increase by 8.95%, and 17.00% over the next financial year.
Looking at the support for the ASTS, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on March 08, 2024, with the firm’s price target at $7. Scotiabank coverage for the AST SpaceMobile Inc (ASTS) stock in a research note released on March 06, 2024 offered a Sector Outperform rating with a price target of $7.50. B. Riley Securities was of a view on October 28, 2022 that the stock is Buy, while Barclays gave the stock Overweight rating on July 12, 2021, issuing a price target of $29. Deutsche Bank on their part issued Buy rating on June 30, 2021.
