Ratio Review: Analyzing AST SpaceMobile Inc (ASTS)’s Price-to-Cash and Price-to-Free Cash Flow

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After finishing at $2.26 in the prior trading day, AST SpaceMobile Inc (NASDAQ: ASTS) closed at $2.24, down -0.88%. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 3.44 million shares were traded. ASTS stock price reached its highest trading level at $2.315 during the session, while it also had its lowest trading level at $2.125.

Ratios:

Our goal is to gain a better understanding of ASTS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.31. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.72.

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.

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 596594880 and an Enterprise Value of 411234368.

Stock Price History:

The Beta on a monthly basis for ASTS is 0.93, which has changed by -0.5456389 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, ASTS has reached a high of $7.10, while it has fallen to a 52-week low of $1.97. The 50-Day Moving Average of the stock is -11.35%, while the 200-Day Moving Average is calculated to be -38.45%.

Shares Statistics:

The stock has traded on average 3.12M shares per day over the past 3-months and 1733880 shares per day over the last 10 days, according to various share statistics. A total of 138.13M shares are outstanding, with a floating share count of 112.97M. Insiders hold about 18.22% of the company’s shares, while institutions hold 28.77% stake in the company. Shares short for ASTS as of 1714435200 were 32684028 with a Short Ratio of 10.46, compared to 1711584000 on 27619151. Therefore, it implies a Short% of Shares Outstanding of 32684028 and a Short% of Float of 24.490000000000002.

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