AST SpaceMobile Inc. (NASDAQ:ASTS) went down by -7.38% from its latest closing price compared to the recent 1-year high of $25.37. The company’s stock price has collected -14.43% of loss in the last five trading sessions. Press Release reported on 11/15/21 that AST SpaceMobile Provides Third Quarter 2021 Business Update
Is It Worth Investing in AST SpaceMobile Inc. (NASDAQ :ASTS) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for AST SpaceMobile Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $32.00, which is $21.33 above the current price. ASTS currently public float of 38.90M and currently shorts hold a 14.49% ratio of that float. Today, the average trading volume of ASTS was 1.23M shares.
ASTS’s Market Performance
ASTS stocks went down by -14.43% for the week, with a monthly drop of -1.11% and a quarterly performance of 13.03%, while its annual performance rate touched 5.47%. The volatility ratio for the week stands at 7.27% while the volatility levels for the past 30 days are set at 6.48% for AST SpaceMobile Inc.. The simple moving average for the period of the last 20 days is -10.43% for ASTS stocks with a simple moving average of -4.41% for the last 200 days.
Analysts’ Opinion of ASTS
Many brokerage firms have already submitted their reports for ASTS stocks, with Barclays repeating the rating for ASTS by listing it as a “Overweight.” The predicted price for ASTS in the upcoming period, according to Barclays is $29 based on the research report published on July 12th of the current year 2021.
Deutsche Bank, on the other hand, stated in their research note that they expect to see ASTS reach a price target of $35. The rating they have provided for ASTS stocks is “Buy” according to the report published on June 30th, 2021.
ASTS Trading at -5.71% from the 50-Day Moving Average
After a stumble in the market that brought ASTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.94% of loss for the given period.
Volatility was left at 6.48%, however, over the last 30 days, the volatility rate increased by 7.27%, as shares sank -3.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.83% lower at present.
During the last 5 trading sessions, ASTS fell by -14.43%, which changed the moving average for the period of 200-days by -52.58% in comparison to the 20-day moving average, which settled at $11.89. In addition, AST SpaceMobile Inc. saw -21.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ASTS starting from Cisneros Adriana, who purchase 3,400 shares at the price of $8.53 back on Aug 18. After this action, Cisneros Adriana now owns 3,400 shares of AST SpaceMobile Inc., valued at $28,985 using the latest closing price.
Stock Fundamentals for ASTS
The total capital return value is set at -0.59, while invested capital returns managed to touch -27.41.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.