The price of AST SpaceMobile Inc (NASDAQ: ASTS) closed at $2.76 in the last session, down -0.72% from day before closing price of $2.78. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 3281235 shares were traded.
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, 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 380.08M and an Enterprise Value of 318.67M. Its current Enterprise Value per Revenue stands at 58.87 whereas that against EBITDA is -1.90.
Stock Price History:
Over the past 52 weeks, ASTS has reached a high of $7.10, while it has fallen to a 52-week low of $2.59. The 50-Day Moving Average of the stock is 3.1788, while the 200-Day Moving Average is calculated to be 4.1035.
Shares Statistics:
According to the various share statistics, ASTS traded on average about 4.46M shares per day over the past 3-months and 4.47M shares per day over the past 10 days. A total of 122.80M shares are outstanding, with a floating share count of 111.04M. Insiders hold about 8.75% of the company’s shares, while institutions hold 28.25% stake in the company. Shares short for ASTS as of Feb 29, 2024 were 16.66M with a Short Ratio of 3.74, compared to 12.57M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.05% and a Short% of Float of 13.53%.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.26, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.15 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.69 and -$0.97 for the fiscal current year, implying an average EPS of -$0.87. EPS for the following year is -$0.79, with 5 analysts recommending between -$0.56 and -$0.9.
