AST SpaceMobile Inc [NASDAQ: ASTS] closed the trading session at $32.86.
The stocks have a year to date performance of 444.94 percent and weekly performance of 5.90 percent. The stock has been moved at 1013.90 percent over the last six months. The stock has performed 97.48 percent around the most recent 30 days and changed 693.72 percent over the most recent 3-months.
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If compared to the average trading volume of 15.73M shares, ASTS reached to a volume of 25645598 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about AST SpaceMobile Inc [ASTS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ASTS shares is $24.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ASTS stock is a recommendation set at 1.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for AST SpaceMobile Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 08, 2024. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Outperform. The new note on the price target was released on March 06, 2024, representing the official price target for AST SpaceMobile Inc stock. Previously, the target price had yet another raise to $15, while B. Riley Securities analysts kept a Buy rating on ASTS stock.
The Average True Range (ATR) for AST SpaceMobile Inc is set at 4.05, with the Price to Sales ratio for ASTS stock in the period of the last 12 months amounting to 3555.45. The Price to Book ratio for the last quarter was 33.66, with the Price to Cash per share for the same quarter was set at 1.90.
ASTS stock trade performance evaluation
AST SpaceMobile Inc [ASTS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.90. With this latest performance, ASTS shares gained by 97.48% in over the last four-week period, additionally plugging by 1013.90% over the last 6 months – not to mention a rise of 771.62% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ASTS stock in for the last two-week period is set at 66.04, with the RSI for the last a single of trading hit 63.67, and the three-weeks RSI is set at 67.19 for AST SpaceMobile Inc [ASTS]. The present Moving Average for the last 50 days of trading for this stock 17.31, while it was recorded at 35.27 for the last single week of trading, and 7.32 for the last 200 days.
AST SpaceMobile Inc [ASTS]: An insightful look at the core fundamentals
AST SpaceMobile Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.38 and a Current Ratio set at 6.38.
Earnings per share (EPS) analysis for AST SpaceMobile Inc [ASTS] stock
With the latest financial reports released by the company, AST SpaceMobile Inc posted -0.23/share EPS, while the average EPS was predicted by analysts to be reported at -0.21/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ASTS.
AST SpaceMobile Inc [ASTS]: Institutional Ownership
There are presently around $36.82%, or 42.15%% of ASTS stock, in the hands of institutional investors. The top three institutional holders of ASTS stocks are: BLACKROCK INC. with ownership of 8.57 million shares, which is approximately 7.0583%. JANUS HENDERSON GROUP PLC, holding 7.45 million shares of the stock with an approximate value of $$86.55 million in ASTS stocks shares; and JANUS HENDERSON GROUP PLC, currently with $$77.61 million in ASTS stock with ownership which is approximately 5.5045%.
