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The closing price of AST SpaceMobile Inc (NASDAQ: ASTS) was $26.14 for the day, up 1.32% from the previous closing price of $25.80. In other words, the price has increased by $1.32 from its previous closing price. On the day, 7.39 million shares were traded. ASTS stock price reached its highest trading level at $26.27 during the session, while it also had its lowest trading level at $24.1086.
Ratios:
Our analysis of ASTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.80 and its Current Ratio is at 5.80. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.54.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 08 ’24 when Yao Huiwen sold 45,000 shares for $24.26 per share. The transaction valued at 1,091,700 led to the insider holds 55,000 shares of the business.
Wisniewski Scott sold 2,700 shares of ASTS for $62,427 on Sep 30 ’24. The President now owns 712,660 shares after completing the transaction at $23.12 per share. On Sep 30 ’24, another insider, Gupta Shanti B., who serves as the Chief Operating Officer of the company, sold 80,000 shares for $25.83 each. As a result, the insider received 2,066,400 and left with 393,232 shares of the company.
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 7573672960 and an Enterprise Value of 4083593728. For the stock, the TTM Price-to-Sale (P/S) ratio is 2957.08 while its Price-to-Book (P/B) ratio in mrq is 14.39. Its current Enterprise Value per Revenue stands at 2916.853 whereas that against EBITDA is -25.622.
Stock Price History:
Over the past 52 weeks, ASTS has reached a high of $39.08, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is 2.01%, while the 200-Day Moving Average is calculated to be 87.40%.
Shares Statistics:
ASTS traded an average of 15.10M shares per day over the past three months and 14148190 shares per day over the past ten days. A total of 164.90M shares are outstanding, with a floating share count of 113.88M. Insiders hold about 30.94% of the company’s shares, while institutions hold 40.80% stake in the company. Shares short for ASTS as of 1730332800 were 37861076 with a Short Ratio of 2.51, compared to 1727654400 on 41562113. Therefore, it implies a Short% of Shares Outstanding of 37861076 and a Short% of Float of 19.42.
