Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of AST SpaceMobile Inc (NASDAQ: ASTS) closed at $28.57 in the last session, down -0.24% from day before closing price of $28.64. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 14.51 million shares were traded.
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, Cantor Fitzgerald on February 06, 2025, initiated with a Overweight rating and assigned the stock a target price of $30.
On March 08, 2024, UBS started tracking the stock assigning a Buy rating and target price of $7.
On March 06, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $7.50.Scotiabank initiated its Sector Outperform rating on March 06, 2024, with a $7.50 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3311.09 while its Price-to-Book (P/B) ratio in mrq is 15.73.
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 19.33%, while the 200-Day Moving Average is calculated to be 38.54%.
Shares Statistics:
A total of 170.04M shares are outstanding, with a floating share count of 143.06M. Insiders hold about 28.59% of the company’s shares, while institutions hold 37.72% stake in the company.
