In the latest trading session, 0.69 million AST SpaceMobile Inc (NASDAQ:ASTS) shares changed hands as the company’s beta touched 0.93. With the company’s most recent per share price at $2.56 changing hands around $0.11 or 4.29% at last look, the market valuation stands at $352.92M. ASTS’s current price is a discount, trading about -177.34% off its 52-week high of $7.10. The share price had its 52-week low at $1.97, which suggests the last value was 23.05% up since then. When we look at AST SpaceMobile Inc’s average trading volume, we note the 3-month average coming to 3.37 million.

AST SpaceMobile Inc (NASDAQ:ASTS) trade information

Instantly ASTS is in green as seen in intraday trades today. With action 9.66%, the performance over the past five days has been green. The jump to weekly highs of 2.60 added 4.29% to the stock’s daily price. The company’s shares are showing year-to-date downside of -57.63%, with the 5-day performance at 9.66% in the green. However, in the 30-day time frame, AST SpaceMobile Inc (NASDAQ:ASTS) is 15.87% up.

AST SpaceMobile Inc (ASTS) estimates and forecasts

Data shows that the AST SpaceMobile Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -32.23% over the past 6 months, a 42.06% in annual growth rate that is considerably higher than the industry average of 5.30%.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 5.5M. 2 analysts are of the opinion that AST SpaceMobile Inc’s revenue for the current quarter will be 21M.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -80.78%. The 2024 estimates are for AST SpaceMobile Inc earnings to increase by 29.64%.