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As of close of business last night, AST SpaceMobile Inc’s stock clocked out at $26.50, down -7.38% from its previous closing price of $28.61. In other words, the price has decreased by -$7.38 from its previous closing price. On the day, 18.84 million shares were traded. ASTS stock price reached its highest trading level at $28.83 during the session, while it also had its lowest trading level at $25.67.
Ratios:
To gain a deeper understanding of ASTS’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 7312675328 and an Enterprise Value of 4038148608. For the stock, the TTM Price-to-Sale (P/S) ratio is 2991.47 while its Price-to-Book (P/B) ratio in mrq is 27.14. Its current Enterprise Value per Revenue stands at 2884.392 whereas that against EBITDA is -25.337.
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 11.99%, while the 200-Day Moving Average is calculated to be 178.45%.
Shares Statistics:
It appears that ASTS traded 16.19M shares on average per day over the past three months and 16708270 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 34.87% stake in the company. Shares short for ASTS as of 1724976000 were 23454186 with a Short Ratio of 1.45, compared to 1722384000 on 26103871. Therefore, it implies a Short% of Shares Outstanding of 23454186 and a Short% of Float of 15.359998999999998.
