Airship AI Holdings Inc (AISP): A Technical Analysis

Airship AI Holdings Inc (NASDAQ: AISP) has a higher price-to-earnings ratio of 10.46x compared to its average ratio. AISP has 36-month beta value of 0.48.

The public float for AISP is 10.45M, and currently, short sellers hold a 4.88% ratio of that float. The average trading volume of AISP on May 02, 2024 was 5.86M shares.

AISP) stock’s latest price update

Airship AI Holdings Inc (NASDAQ: AISP)’s stock price has dropped by -7.34 in relation to previous closing price of 7.36. Nevertheless, the company has seen a loss of -5.01% in its stock price over the last five trading days. MarketBeat reported 2024-04-16 that Computer vision is central to edge computing and AI. Computer vision encompasses numerous optic-based inputs that computers can use to gather information.

AISP’s Market Performance

AISP’s stock has fallen by -5.01% in the past week, with a monthly drop of -23.71% and a quarterly rise of 351.66%. The volatility ratio for the week is 8.96% while the volatility levels for the last 30 days are 12.54% for Airship AI Holdings Inc The simple moving average for the past 20 days is -17.35% for AISP’s stock, with a -15.07% simple moving average for the past 200 days.

AISP Trading at -3.36% from the 50-Day Moving Average

After a stumble in the market that brought AISP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.37% of loss for the given period.

Volatility was left at 12.54%, however, over the last 30 days, the volatility rate increased by 8.96%, as shares sank -37.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +326.25% upper at present.

During the last 5 trading sessions, AISP fell by -5.01%, which changed the moving average for the period of 200-days by -33.07% in comparison to the 20-day moving average, which settled at $8.04. In addition, Airship AI Holdings Inc saw 301.18% 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 AISP starting from Huang Victor, who purchase 10,000 shares at the price of $1.48 back on Jan 02 ’24. After this action, Huang Victor now owns 60,000 shares of Airship AI Holdings Inc, valued at $14,800 using the latest closing price.

Huang Victor, the CEO and Chairman of the BOD of Airship AI Holdings Inc, purchase 10,000 shares at $1.73 during a trade that took place back on Dec 29 ’23, which means that Huang Victor is holding 50,000 shares at $17,250 based on the most recent closing price.

Stock Fundamentals for AISP

Equity return is now at value 10.92, with 9.73 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.48.

Conclusion

To put it simply, Airship AI Holdings Inc (AISP) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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