The stock of AST SpaceMobile Inc (ASTS) has seen a -11.16% decrease in the past week, with a -27.28% drop in the past month, and a 162.90% flourish in the past quarter. The volatility ratio for the week is 9.89%, and the volatility levels for the past 30 days are at 12.31% for ASTS. The simple moving average for the last 20 days is -9.62% for ASTS’s stock, with a simple moving average of 178.45% for the last 200 days.
Is It Worth Investing in AST SpaceMobile Inc (NASDAQ: ASTS) Right Now?
Moreover, the 36-month beta value for ASTS is 1.63. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ASTS is 134.32M and currently, short sellers hold a 17.46% of that float. On September 23, 2024, ASTS’s average trading volume was 16.19M shares.
ASTS) stock’s latest price update
The stock of AST SpaceMobile Inc (NASDAQ: ASTS) has decreased by -7.38 when compared to last closing price of 28.61.Despite this, the company has seen a loss of -11.16% in its stock price over the last five trading days. zacks.com reported 2024-09-18 that Technological advances are at the heart of the most significant stock market advances. As the wheels of innovation continue to turn, investors should focus their research on burgeoning megatrends in AI and space.
Analysts’ Opinion of ASTS
Many brokerage firms have already submitted their reports for ASTS stocks, with UBS repeating the rating for ASTS by listing it as a “Buy.” The predicted price for ASTS in the upcoming period, according to UBS is $7 based on the research report published on March 08, 2024 of the current year 2024.
Scotiabank, on the other hand, stated in their research note that they expect to see ASTS reach a price target of $7.50. The rating they have provided for ASTS stocks is “Sector Outperform” according to the report published on March 06th, 2024.
B. Riley Securities gave a rating of “Buy” to ASTS, setting the target price at $15 in the report published on October 28th of the previous year.
ASTS Trading at 11.99% 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 -32.19% of loss for the given period.
Volatility was left at 12.31%, however, over the last 30 days, the volatility rate increased by 9.89%, as shares sank -22.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +122.69% upper at present.
During the last 5 trading sessions, ASTS fell by -11.16%, which changed the moving average for the period of 200-days by +435.35% in comparison to the 20-day moving average, which settled at $28.94. In addition, AST SpaceMobile Inc saw 339.47% 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 4,934 shares at the price of $26.32 back on Sep 06 ’24. After this action, Cisneros Adriana now owns 774,772 shares of AST SpaceMobile Inc, valued at $129,884 using the latest closing price.
Wallace Sean R., the Former Director of AST SpaceMobile Inc, proposed sale 100,000 shares at $26.72 during a trade that took place back on Sep 09 ’24, which means that Wallace Sean R. is holding shares at $2,672,127 based on the most recent closing price.
Stock Fundamentals for ASTS
Current profitability levels for the company are sitting at:
- -170.24 for the present operating margin
- -55.44 for the gross margin
The net margin for AST SpaceMobile Inc stands at -124.59. The total capital return value is set at -0.45. Equity return is now at value -99.58, with -29.37 for asset returns.
Based on AST SpaceMobile Inc (ASTS), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at -0.62. The debt to equity ratio resting at 1.39. The interest coverage ratio of the stock is -7.02.
Currently, EBITDA for the company is -167.9 million with net debt to EBITDA at 0.64. When we switch over and look at the enterprise to sales, we see a ratio of 5169.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.38.
Conclusion
To wrap up, the performance of AST SpaceMobile Inc (ASTS) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
