In recent trading session, AirNet Technology Inc. (NASDAQ:ANTE) saw 973,176 shares changing hands with its beta currently measuring 0.7. Company’s recent per share price level of $0.8443 trading at $0 or 9.11% at recent trade assigns it a market valuation of $10.56 Million. That current trading price of ANTE’s stock is at a discount of -116.75% from its 52-week high price of $1.83 and is indicating a premium of 25.38% from its 52-week low price of $0.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 30.44 Million shares which gives us an average trading volume of 189.55 Million if we extend that period to 3-months.
For AirNet Technology Inc. (ANTE), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 0. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight.
AirNet Technology Inc. (NASDAQ:ANTE) trade information
Upright in the green today for gaining 9.12%, in the last five days ANTE remained trading in the green while hitting it’s week-highest on Friday, Jul 10 when the stock touched $1.02 price level, adding 15.67% to its value on the day. AirNet Technology Inc.’s shares saw a change of -13.55% in year-to-date performance and have moved 7.26% in past 5-day. AirNet Technology Inc. (NASDAQ:ANTE) showed a performance of -8.19% in past 30-days. Number of shares sold short was 41.32 Million shares which calculate 0.22 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $34.5 to the stock, which implies a rise of 3986.23% to its current value. Analysts have been projecting $34.5 as a low price target for the stock while placing it at a high target of $34.5. It follows that stock’s current price would jump +3986.23% in reaching the projected high whereas dropping to the targeted low would mean a loss of 3986.23% for stock’s current value.
AirNet Technology Inc. (ANTE) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -24.4% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 42.4% while estimates for its earnings growth in next 5 years are of 0%