and a 36-month beta value of 0.71. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average price predicted for AST SpaceMobile Inc. (ASTS) by analysts is $23.50, which is $14.5 above the current market price. The public float for ASTS is 60.57M, and at present, short sellers hold a 22.79% of that float. On March 15, 2023, the average trading volume of ASTS was 1.65M shares.
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ASTS) stock’s latest price update
AST SpaceMobile Inc. (NASDAQ: ASTS)’s stock price has increased by 3.87 compared to its previous closing price of 5.94. but the company has seen a -9.26% decline in its stock price over the last five trading sessions.
ASTS’s Market Performance
ASTS’s stock has fallen by -9.26% in the past week, with a monthly rise of 5.11% and a quarterly rise of 44.50%. The volatility ratio for the week is 8.24% while the volatility levels for the last 30 days are 7.71% for AST SpaceMobile Inc. The simple moving average for the last 20 days is -1.55% for ASTS stock, with a simple moving average of -11.47% for the last 200 days.
Analysts’ Opinion of ASTS
Many brokerage firms have already submitted their reports for ASTS stocks, with B. Riley Securities repeating the rating for ASTS by listing it as a “Buy.” The predicted price for ASTS in the upcoming period, according to B. Riley Securities is $15 based on the research report published on October 28th of the previous year 2022.
Barclays, on the other hand, stated in their research note that they expect to see ASTS reach a price target of $29. The rating they have provided for ASTS stocks is “Overweight” according to the report published on July 12th, 2021.
Deutsche Bank gave a rating of “Buy” to ASTS, setting the target price at $35 in the report published on June 30th of the previous year.
ASTS Trading at 9.08% 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 -56.76% of loss for the given period.
Volatility was left at 7.71%, however, over the last 30 days, the volatility rate increased by 8.24%, as shares surge +3.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.49% upper at present.
During the last 5 trading sessions, ASTS fell by -9.26%, which changed the moving average for the period of 200-days by -15.83% in comparison to the 20-day moving average, which settled at $6.28. In addition, AST SpaceMobile Inc. saw 28.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASTS starting from Cisneros Adriana, who purchase 36,364 shares at the price of $5.50 back on Dec 02. After this action, Cisneros Adriana now owns 39,764 shares of AST SpaceMobile Inc., valued at $200,002 using the latest closing price.
Stock Fundamentals for ASTS
Current profitability levels for the company are sitting at:
- -699.28 for the present operating margin
- -223.06 for the gross margin
The net margin for AST SpaceMobile Inc. stands at -152.95. Equity return is now at value -28.40, with -6.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 15.71.
Conclusion
To sum up, AST SpaceMobile Inc. (ASTS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
