Evaluating the Impact of -5.96 Increase on Airship AI Holdings Inc’s (AISP) Stock

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The stock of Airship AI Holdings Inc (AISP) has gone down by -2.84% for the week, with a -19.92% drop in the past month and a -51.07% drop in the past quarter. The volatility ratio for the week is 11.97%, and the volatility levels for the past 30 days are 9.14% for AISP. The simple moving average for the past 20 days is -7.71% for AISP’s stock, with a -50.46% simple moving average for the past 200 days.

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 3.14x, which is above its average ratio. Moreover, the 36-month beta value for AISP is 0.11. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for AISP is 13.97M and currently, short sellers hold a 5.60% of that float. On October 18, 2024, AISP’s average trading volume was 763.29K shares.

AISP) stock’s latest price update

Airship AI Holdings Inc (NASDAQ: AISP) has experienced a decline in its stock price by -5.96 compared to its previous closing price of 2.18. However, the company has seen a fall of -2.84% in its stock price over the last five trading days. globenewswire.com reported 2024-10-08 that Continuation of Support and Maintenance for Existing Deployment Supporting Operational and Physical Security Requirements for Global Operations REDMOND, Wash., Oct. 08, 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 contract worth $1.2 million with a Fortune 100 transportation and e-commerce company for the support and maintenance over the next nine months for an existing globally deployed Acropolis Enterprise Video and Data Management platform supporting the company’s operational and physical security requirements.

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 -23.35% 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 -85.68% of loss for the given period.

Volatility was left at 9.14%, however, over the last 30 days, the volatility rate increased by 11.97%, as shares sank -17.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.66% lower at present.

During the last 5 trading sessions, AISP fell by -2.84%, which changed the moving average for the period of 200-days by +28.12% in comparison to the 20-day moving average, which settled at $2.22. In addition, Airship AI Holdings Inc saw 20.59% 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 -0.15 points at debt to capital in total, while cash flow to debt ratio is standing at -1.29. The debt to equity ratio resting at -0.13. The interest coverage ratio of the stock is -6.7.

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 2.94. 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

To wrap up, the performance of Airship AI Holdings Inc (AISP) has been bad 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.

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