Currently, there are 170.04M common shares owned by the public and among those 149.32M shares have been available to trade.
The company’s stock has a 5-day price change of 30.98% and 9.86% over the past three months. ASTS shares are trading 25.64% year to date (YTD), with the 12-month market performance up to 820.49% 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 9.62 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 22.92%, 16.87%, and 37.82% respectively.
Institutional ownership of AST SpaceMobile Inc (NASDAQ: ASTS) shares accounts for 34.25% of the company’s 170.04M shares outstanding.
It has a market capitalization of $7.68B and a beta (3y monthly) value of 1.66. The earnings-per-share (ttm) stands at -$2.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.43% over the week and 8.27% over the month.
Earnings per share for the fiscal year are expected to decrease by -64.97%, and 60.85% over the next financial year. EPS should grow at an annualized rate of 37.32% over the next five years, compared to -80.78% over the past 5-year period.
Looking at the support for the ASTS, a number of firms have released research notes about the stock. Cantor Fitzgerald stated their Overweight rating for the stock in a research note on February 06, 2025, with the firm’s price target at $30. UBS coverage for the AST SpaceMobile Inc (ASTS) stock in a research note released on March 08, 2024 offered a Buy rating with a price target of $7. Scotiabank was of a view on March 06, 2024 that the stock is Sector Outperform, while B. Riley Securities gave the stock Buy rating on October 28, 2022, issuing a price target of $15. Barclays on their part issued Overweight rating on July 12, 2021.
