After finishing at $2.95 in the prior trading day, AST SpaceMobile Inc (NASDAQ: ASTS) closed at $3.20, up 8.47%. In other words, the price has increased by $+0.2500 from its previous closing price. On the day, 2556909 shares were traded.
Ratios:
Our goal is to gain a better understanding of ASTS by taking a closer look at its different ratios. 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 376.54M and an Enterprise Value of 347.04M. Its current Enterprise Value per Revenue stands at 58.87 whereas that against EBITDA is -2.07.
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 4.1272, while the 200-Day Moving Average is calculated to be 4.3330.
Shares Statistics:
The stock has traded on average 3.88M shares per day over the past 3-months and 3.45M shares per day over the last 10 days, according to various share statistics. 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 28.20% stake in the company. Shares short for ASTS as of Jan 31, 2024 were 12.57M with a Short Ratio of 3.24, compared to 17.82M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.85% and a Short% of Float of 10.21%.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. 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.
