Airship AI Holdings Inc (NASDAQ: AISP)’s stock price has dropped by -1.02 in relation to previous closing price of 2.95. Nevertheless, the company has seen a loss of -15.85% in its stock price over the last five trading days. globenewswire.com reported 2024-08-20 that REDMOND, Wash., Aug. 20, 2024 (GLOBE NEWSWIRE) — Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management surveillance solutions, has been awarded a base year plus four option year contract by the Department of Defense (DoD) for the Company’s Acropolis Enterprise Sensor Management video and data management platform.
Is It Worth Investing in Airship AI Holdings Inc (NASDAQ: AISP) Right Now?
The price-to-earnings ratio for Airship AI Holdings Inc (NASDAQ: AISP) is above average at 4.48x. The 36-month beta value for AISP is also noteworthy at 0.18. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AISP is 11.06M, and at present, short sellers hold a 9.89% of that float. The average trading volume of AISP on August 29, 2024 was 2.39M shares.
AISP’s Market Performance
AISP’s stock has seen a -15.85% decrease for the week, with a -26.63% drop in the past month and a -30.97% fall in the past quarter. The volatility ratio for the week is 9.70%, and the volatility levels for the past 30 days are at 11.99% for Airship AI Holdings Inc The simple moving average for the last 20 days is -9.42% for AISP’s stock, with a simple moving average of -44.87% for the last 200 days.
Analysts’ Opinion of AISP
Many brokerage firms have already submitted their reports for AISP stocks, with ROTH MKM repeating the rating for AISP by listing it as a “Buy.” The predicted price for AISP in the upcoming period, according to ROTH MKM is $12 based on the research report published on May 20, 2024 of the current year 2024.
AISP Trading at -19.76% 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 -79.61% of loss for the given period.
Volatility was left at 11.99%, however, over the last 30 days, the volatility rate increased by 9.70%, as shares sank -17.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -35.12% lower at present.
During the last 5 trading sessions, AISP fell by -12.68%, which changed the moving average for the period of 200-days by -71.47% in comparison to the 20-day moving average, which settled at $3.19. In addition, Airship AI Holdings Inc saw 71.76% 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 Allen Paul M., who sale 30,000 shares at the price of $3.40 back on Aug 23 ’24. After this action, Allen Paul M. now owns 70,000 shares of Airship AI Holdings Inc, valued at $101,865 using the latest closing price.
Huang Victor, the CEO and Chairman of the BOD of Airship AI Holdings Inc, purchase 40,000 shares at $2.07 during a trade that took place back on Dec 28 ’23, which means that Huang Victor is holding 40,000 shares at $82,867 based on the most recent closing price.
Stock Fundamentals for AISP
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.45 for the gross margin
The net margin for Airship AI Holdings Inc stands at -0.85. The total capital return value is set at 0.56. Equity return is now at value 10.92, with 9.73 for asset returns.
Based on Airship AI Holdings Inc (AISP), the company’s capital structure generated 1.01 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at -124.25. The interest coverage ratio of the stock is 0.01.
Currently, EBITDA for the company is -6.03 million with net debt to EBITDA at -1.16. When we switch over and look at the enterprise to sales, we see a ratio of 3.66. The receivables turnover for the company is 5.72for trailing twelve months and the total asset turnover is 3.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In summary, Airship AI Holdings Inc (AISP) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
