Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of AST SpaceMobile Inc (NASDAQ: ASTS) was $2.14 for the day, down -0.47% from the previous closing price of $2.15. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.51 million shares were traded. ASTS stock price reached its highest trading level at $2.21 during the session, while it also had its lowest trading level at $2.12.
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 2.31 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.72.
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 571292288 and an Enterprise Value of 397421152.
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 $1.97. The 50-Day Moving Average of the stock is -22.92%, while the 200-Day Moving Average is calculated to be -43.07%.
Shares Statistics:
ASTS traded an average of 3.71M shares per day over the past three months and 2463570 shares per day over the past ten days. A total of 138.13M shares are outstanding, with a floating share count of 113.12M. Insiders hold about 18.10% of the company’s shares, while institutions hold 25.15% stake in the company. Shares short for ASTS as of 1711584000 were 27619151 with a Short Ratio of 7.44, compared to 1709164800 on 16660038. Therefore, it implies a Short% of Shares Outstanding of 27619151 and a Short% of Float of 20.7.
