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The price of AST SpaceMobile Inc (NASDAQ: ASTS) closed at $23.48 in the last session, up 0.64% from day before closing price of $23.33. In other words, the price has increased by $0.64 from its previous closing price. On the day, 4.6 million shares were traded. ASTS stock price reached its highest trading level at $23.73 during the session, while it also had its lowest trading level at $22.85.
Ratios:
We take a closer look at ASTS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when AA Gables, LLC bought 2,500,000 shares for $23.58 per share.
Yao Huiwen sold 45,000 shares of ASTS for $1,091,700 on Oct 08 ’24. The Chief Technology Officer now owns 55,000 shares after completing the transaction at $24.26 per share. On Sep 30 ’24, another insider, Wisniewski Scott, who serves as the President of the company, sold 2,700 shares for $23.12 each. As a result, the insider received 62,427 and left with 712,660 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 6802977792 and an Enterprise Value of 4083593728. For the stock, the TTM Price-to-Sale (P/S) ratio is 2738.69 while its Price-to-Book (P/B) ratio in mrq is 12.92. 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 -5.02%, while the 200-Day Moving Average is calculated to be 49.59%.
Shares Statistics:
According to the various share statistics, ASTS traded on average about 10.91M shares per day over the past 3-months and 7728610 shares per day over the past 10 days. A total of 170.04M shares are outstanding, with a floating share count of 149.32M. Insiders hold about 25.47% of the company’s shares, while institutions hold 33.60% stake in the company. Shares short for ASTS as of 1730332800 were 37861076 with a Short Ratio of 3.25, compared to 1727654400 on 41562113. Therefore, it implies a Short% of Shares Outstanding of 37861076 and a Short% of Float of 19.42.
Earnings Estimates
The current rating of AST SpaceMobile Inc (ASTS) reflects the combined expertise of 2.0 analysts actively engaged in assessing its market performance.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 -$1.53 and -$1.95 for the fiscal current year, implying an average EPS of -$1.71. EPS for the following year is -$0.73, with 4.0 analysts recommending between -$0.22 and -$1.04.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $155M. There is a high estimate of $155M for the next quarter, whereas the lowest estimate is $155M.
Based on 3 analysts’ estimates, the company’s revenue will be $71.85M in the next fiscal year. The high estimate is $135M and the low estimate is $30.56M.
