The price of AST SpaceMobile Inc (NASDAQ: ASTS) closed at $3.01 in the last session, down -3.53% from day before closing price of $3.12. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 2386131 shares were traded. ASTS stock price reached its highest trading level at $3.1100 during the session, while it also had its lowest trading level at $3.0000.
Ratios:
We take a closer look at ASTS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.06 and its Current Ratio is at 6.06. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, B. Riley Securities on October 28, 2022, initiated with a Buy rating and assigned the stock a target price of $15.
On July 12, 2021, Barclays started tracking the stock assigning a Overweight rating and target price of $29.
On June 30, 2021, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $35.Deutsche Bank initiated its Buy rating on June 30, 2021, with a $35 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 384.83M and an Enterprise Value of 323.42M. Its current Enterprise Value per Revenue stands at 58.87 whereas that against EBITDA is -1.93.
Stock Price History:
Over the past 52 weeks, ASTS has reached a high of $7.14, while it has fallen to a 52-week low of $2.59. The 50-Day Moving Average of the stock is 3.8688, while the 200-Day Moving Average is calculated to be 4.2770.
Shares Statistics:
According to the various share statistics, ASTS traded on average about 3.95M shares per day over the past 3-months and 2.76M shares per day over the past 10 days. A total of 122.80M shares are outstanding, with a floating share count of 112.05M. Insiders hold about 8.75% of the company’s shares, while institutions hold 28.24% stake in the company. Shares short for ASTS as of Feb 15, 2024 were 13.29M with a Short Ratio of 3.37, compared to 18.24M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.42% and a Short% of Float of 10.80%.
Earnings Estimates
The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.21 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.21, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.69 and -$0.91 for the fiscal current year, implying an average EPS of -$0.82. EPS for the following year is -$0.78, with 3 analysts recommending between -$0.56 and -$0.89.
