AST SpaceMobile Inc (ASTS) concluded trading on Wednesday at a closing price of $22.51, with 4.69 million shares of worth about $105.66 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 89.48% during that period and on January 08, 2025 the price saw a loss of about -2.13%. Currently the company’s common shares owned by public are about 170.04M shares, out of which, 149.32M shares are available for trading.
Stock saw a price change of 6.68% in past 5 days and over the past one month there was a price change of -11.10%. Year-to-date (YTD), ASTS shares are showing a performance of 6.68% which increased to 355.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.97 but also hit the highest price of $39.08 during that period. The average intraday trading volume for AST SpaceMobile Inc shares is 9.07 million. The stock is currently trading -3.30% below its 20-day simple moving average (SMA20), while that difference is down -5.82% for SMA50 and it goes to 30.04% higher than SMA200.
AST SpaceMobile Inc (NASDAQ: ASTS) currently have 170.04M outstanding shares and institutions hold larger chunk of about 33.62% of that.
The stock has a current market capitalization of $6.52B and its 3Y-monthly beta is at 1.63. It has posted earnings per share of -$2.14 in the same period. It has Quick Ratio of 5.80 while making debt-to-equity ratio of 0.69. 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 6.67% while standing at 7.39% over the month.
Stock’s fiscal year EPS is expected to drop by -57.79% while it is estimated to increase by 70.59% in next year.
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 UBS on March 08, 2024 offering a Buy rating for the stock and assigned a target price of $7 to it. Coverage by Scotiabank stated AST SpaceMobile Inc (ASTS) stock as a Sector outperform in their note to investors on March 06, 2024, suggesting a price target of $7.50 for the stock. On October 28, 2022, B. Riley Securities Initiated their recommendations, while on July 12, 2021, Barclays Initiated their ratings for the stock with a price target of $29. Stock get a Buy rating from Deutsche Bank on June 30, 2021.
