Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of AST SpaceMobile Inc (NASDAQ: ASTS) was $25.32 for the day, up 6.25% from the previous closing price of $23.83. In other words, the price has increased by $6.25 from its previous closing price. On the day, 24.22 million shares were traded. ASTS stock price reached its highest trading level at $25.56 during the session, while it also had its lowest trading level at $21.68.
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 6.38 and its Current Ratio is at 6.38. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 1.45.
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 Sep 06 ’24 when Cisneros Adriana bought 4,934 shares for $26.32 per share. The transaction valued at 129,884 led to the insider holds 774,772 shares of the business.
Wallace Sean R. bought 100,000 shares of ASTS for $2,672,127 on Sep 09 ’24.
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 7166456320 and an Enterprise Value of 3859397376. For the stock, the TTM Price-to-Sale (P/S) ratio is 2858.27 while its Price-to-Book (P/B) ratio in mrq is 25.93. Its current Enterprise Value per Revenue stands at 2756.712 whereas that against EBITDA is -24.215.
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 1.70%, while the 200-Day Moving Average is calculated to be 152.56%.
Shares Statistics:
ASTS traded an average of 16.40M shares per day over the past three months and 13219830 shares per day over the past ten days. A total of 158.04M shares are outstanding, with a floating share count of 134.32M. Insiders hold about 15.01% of the company’s shares, while institutions hold 34.84% stake in the company. Shares short for ASTS as of 1726185600 were 38670165 with a Short Ratio of 2.36, compared to 1723680000 on 28512005. Therefore, it implies a Short% of Shares Outstanding of 38670165 and a Short% of Float of 25.21.
