After finishing at $2.90 in the prior trading day, AST SpaceMobile Inc (NASDAQ: ASTS) closed at $2.63, down -9.31%. In other words, the price has decreased by -$0.2700 from its previous closing price. On the day, 7342143 shares were traded. ASTS stock price reached its highest trading level at $2.9500 during the session, while it also had its lowest trading level at $2.6100.
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 6.06 and its Current Ratio is at 6.06. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.55.
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 362.84M and an Enterprise Value of 301.43M. Its current Enterprise Value per Revenue stands at 58.87 whereas that against EBITDA is -1.79.
Stock Price History:
Over the past 52 weeks, ASTS has reached a high of $7.10, while it has fallen to a 52-week low of $2.59. The 50-Day Moving Average of the stock is 3.0423, while the 200-Day Moving Average is calculated to be 3.9538.
Shares Statistics:
The stock has traded on average 4.47M shares per day over the past 3-months and 3.53M shares per day over the last 10 days, according to various share statistics. A total of 122.80M shares are outstanding, with a floating share count of 100.73M. Insiders hold about 17.97% of the company’s shares, while institutions hold 28.25% stake in the company. Shares short for ASTS as of Mar 15, 2024 were 21.51M with a Short Ratio of 4.81, compared to 13.29M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 15.59% and a Short% of Float of 16.12%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.26, while EPS last year was -$0.14. 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 -$0.69 and -$0.97 for the fiscal current year, implying an average EPS of -$0.87. EPS for the following year is -$0.79, with 5 analysts recommending between -$0.54 and -$0.9.
