Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
AST SpaceMobile Inc (NASDAQ: ASTS) closed the day trading at $2.26 up 2.26% from the previous closing price of $2.21. In other words, the price has increased by $2.26 from its previous closing price. On the day, 1.44 million shares were traded. ASTS stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.17.
Ratios:
For a better understanding of ASTS, let’s 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 601921600 and an Enterprise Value of 413997024.
Stock Price History:
The Beta on a monthly basis for ASTS is 0.93, which has changed by -0.52719665 over the last 52 weeks, in comparison to a change of 0.23568535 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 -15.08%, while the 200-Day Moving Average is calculated to be -39.00%.
Shares Statistics:
Over the past 3-months, ASTS traded about 3.43M shares per day on average, while over the past 10 days, ASTS traded about 2031250 shares per day. A total of 138.13M shares are outstanding, with a floating share count of 113.30M. Insiders hold about 17.97% of the company’s shares, while institutions hold 25.22% stake in the company. Shares short for ASTS as of 1713139200 were 31528438 with a Short Ratio of 9.19, compared to 1710460800 on 21506610. Therefore, it implies a Short% of Shares Outstanding of 31528438 and a Short% of Float of 23.629998999999998.
Earnings Estimates
The dynamic stock of AST SpaceMobile Inc (ASTS) is currently being evaluated by a team of 2.0 analysts, each contributing to its current rating.On average, analysts expect EPS of -$0.19 for the current quarter, with a high estimate of -$0.16 and a low estimate of -$0.22, while EPS last year was -$0.23. The consensus estimate for the next quarter is -$0.18, with high estimates of -$0.15 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.59 and -$0.91 for the fiscal current year, implying an average EPS of -$0.74. EPS for the following year is -$0.46, with 4.0 analysts recommending between -$0.21 and -$1.09.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $21M. There is a high estimate of $40M for the next quarter, whereas the lowest estimate is $2M.
Based on 3 analysts’ estimates, the company’s revenue will be $253.82M in the next fiscal year. The high estimate is $349M and the low estimate is $138.15M.
