After finishing at $1.53 in the prior trading day, Astra Space Inc (NASDAQ: ASTR) closed at $1.37, down -10.46%. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 514254 shares were traded.
Ratios:
Our goal is to gain a better understanding of ASTR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 2.19 whereas as Long-Term Debt/Eq ratio is at 0.84.
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 the company, Deutsche Bank on February 02, 2023, Downgraded its rating to Hold and sets its target price to $1 from $2 previously.
On February 11, 2022, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $4.
BofA Securities Upgraded its Underperform to Neutral on January 19, 2022, whereas the target price for the stock was revised from $9 to $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 when Stanford Scott bought 18,442 shares for $1.21 per share. The transaction valued at 22,315 led to the insider holds 33,536 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASTR now has a Market Capitalization of 34.66M and an Enterprise Value of 38.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.34 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at 39.96 whereas that against EBITDA is 1.78.
Stock Price History:
Over the past 52 weeks, ASTR has reached a high of $8.80, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 1.8219, while the 200-Day Moving Average is calculated to be 3.0840.
Shares Statistics:
The stock has traded on average 479.76K shares per day over the past 3-months and 214.88k shares per day over the last 10 days, according to various share statistics. A total of 22.66M shares are outstanding, with a floating share count of 16.27M. Insiders hold about 28.22% of the company’s shares, while institutions hold 6.68% stake in the company. Shares short for ASTR as of Feb 15, 2024 were 1.57M with a Short Ratio of 3.27, compared to 1.61M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.92% and a Short% of Float of 9.27%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$3. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ASTR’s current fiscal year. The highest revenue estimate was $22.4M, while the lowest revenue estimate was $22.4M, resulting in an average revenue estimate of $22.4M. In the same quarter a year ago, actual revenue was $9.37M, up 139.10% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $44.3M in the next fiscal year. The high estimate is $44.3M and the low estimate is $44.3M. The average revenue growth estimate for next year is up 97.80% from the average revenue estimate for this year.
