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As of close of business last night, AST SpaceMobile Inc’s stock clocked out at $16.64, up 24.55% from its previous closing price of $13.36. In other words, the price has increased by $24.55 from its previous closing price. On the day, 22.99 million shares were traded. ASTS stock price reached its highest trading level at $16.8 during the session, while it also had its lowest trading level at $13.6.
Ratios:
To gain a deeper understanding of ASTS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.51 and its Current Ratio is at 7.51. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on March 08, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On March 06, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $7.50.
On October 28, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $15.B. Riley Securities initiated its Buy rating on October 28, 2022, with a $15 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASTS now has a Market Capitalization of 3594289920 and an Enterprise Value of 2408654848. For the stock, the TTM Price-to-Sale (P/S) ratio is 5036.93 while its Price-to-Book (P/B) ratio in mrq is 13.97. Its current Enterprise Value per Revenue stands at 4817.31 whereas that against EBITDA is -14.986.
Stock Price History:
Over the past 52 weeks, ASTS has reached a high of $14.29, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is 75.32%, while the 200-Day Moving Average is calculated to be 231.30%.
Shares Statistics:
It appears that ASTS traded 11.38M shares on average per day over the past three months and 8253550 shares per day over the past ten days. A total of 151.35M shares are outstanding, with a floating share count of 127.56M. Insiders hold about 15.72% of the company’s shares, while institutions hold 34.10% stake in the company. Shares short for ASTS as of 1721001600 were 26715813 with a Short Ratio of 2.35, compared to 1718323200 on 25394409. Therefore, it implies a Short% of Shares Outstanding of 26715813 and a Short% of Float of 18.33.
