During the last session, AST SpaceMobile Inc (NASDAQ:ASTS)’s traded shares were 10.87 million, with the beta value of the company hitting 1.65. At the end of the trading day, the stock’s price was $27.61, reflecting an intraday loss of -2.78% or -$0.79. The 52-week high for the ASTS share is $39.08, that puts it down -41.54 from that peak though still a striking 92.86% gain since the share price plummeted to a 52-week low of $1.97. The company’s market capitalization is $8.00B, and the average intraday trading volume over the past 10 days was 17.13 million shares, and the average trade volume was 9.97 million shares over the past three months.
AST SpaceMobile Inc (ASTS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ASTS has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.18.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
AST SpaceMobile Inc (ASTS) registered a -2.78% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.78% in intraday trading to $27.61, hitting a weekly high. The stock’s 5-day price performance is 11.74%, and it has moved by 31.04% in 30 days. Based on these gigs, the overall price performance for the year is 704.96%. The short interest in AST SpaceMobile Inc (NASDAQ:ASTS) is 37.86 million shares and it means that shorts have 3.65 day(s) to cover.
The consensus price target of analysts on Wall Street is $37.95, which implies an increase of 27.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $26 and $63 respectively. As a result, ASTS is trading at a discount of -128.18% off the target high and 5.83% off the low.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.38M as predicted by 3 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 80M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -80.78%. While earnings are projected to return -64.97% in 2025, the next five years will return 37.32% per annum.
ASTS Dividends
AST SpaceMobile Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 7.45 million shares, is of JANUS HENDERSON GROUP PLC’s that is approximately 6.1384% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $86.55 million.
