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The closing price of AST SpaceMobile Inc (NASDAQ: ASTS) was $25.62 for the day, up 2.19% from the previous closing price of $25.07. In other words, the price has increased by $2.19 from its previous closing price. On the day, 14.66 million shares were traded. ASTS stock price reached its highest trading level at $27.386 during the session, while it also had its lowest trading level at $24.65.
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 Oct 08 ’24 when Yao Huiwen sold 45,000 shares for $24.26 per share. The transaction valued at 1,091,700 led to the insider holds 55,000 shares of the business.
Wisniewski Scott sold 2,700 shares of ASTS for $62,427 on Sep 30 ’24. The President now owns 712,660 shares after completing the transaction at $23.12 per share. On Sep 30 ’24, another insider, Gupta Shanti B., who serves as the Chief Operating Officer of the company, sold 80,000 shares for $25.83 each. As a result, the insider received 2,066,400 and left with 393,232 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 8337055744 and an Enterprise Value of 3904842752. For the stock, the TTM Price-to-Sale (P/S) ratio is 3017.67 while its Price-to-Book (P/B) ratio in mrq is 26.24. Its current Enterprise Value per Revenue stands at 2789.173 whereas that against EBITDA is -24.501.
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 -7.74%, while the 200-Day Moving Average is calculated to be 111.22%.
Shares Statistics:
ASTS traded an average of 17.52M shares per day over the past three months and 11970840 shares per day over the past ten days. A total of 164.90M shares are outstanding, with a floating share count of 111.66M. Insiders hold about 32.29% of the company’s shares, while institutions hold 33.57% stake in the company. Shares short for ASTS as of 1728950400 were 38712861 with a Short Ratio of 2.21, compared to 1726185600 on 38670165. Therefore, it implies a Short% of Shares Outstanding of 38712861 and a Short% of Float of 19.860001.
