In today’s recent session, 3.24 million shares of the AST SpaceMobile Inc (NASDAQ:ASTS) have been traded, and its beta is 2.04. Most recently the company’s share price was $24.53, and it changed around -$0.31 or -1.26% from the last close, which brings the market valuation of the company to $8.05B. ASTS at last check was trading at a discount to its 52-week high of $39.08, offering almost -59.32% off that amount. The share price’s 52-week low was $4.65, which indicates that the recent value has risen by an impressive 81.04% since then. We note from AST SpaceMobile Inc’s average daily trading volume that its 10-day average is 13.0 million shares, with the 3-month average coming to 10.52 million.
AST SpaceMobile Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended ASTS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
AST SpaceMobile Inc (NASDAQ:ASTS) trade information
Instantly ASTS has been showing red trend so far today with a performance of -1.26% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 25.67 on recent trading dayincreased the stock’s daily price by 4.44%. The company’s shares are currently up 16.24% year-to-date, but still down -2.01% over the last five days. On the other hand, AST SpaceMobile Inc (NASDAQ:ASTS) is 1.14% up in the 30-day period. We can see from the shorts that 42.5 million shares have been sold at a short interest cover period of 5.03 day(s).
The consensus price target as assigned by Wall Street analysts is $47.9, which translates to bulls needing to increase their stock price by 48.79% from its current value. Analyst projections state that ASTS is forecast to be at a low of $47.9 and a high of $47.9.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -80.92%.
ASTS Dividends
AST SpaceMobile Inc’s next quarterly earnings report is expected to be released on 2025-May-11.
AST SpaceMobile Inc (NASDAQ:ASTS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.45% of AST SpaceMobile Inc shares, and 38.58% of them are in the hands of institutional investors. The stock currently has a share float of 48.49%. AST SpaceMobile Inc stock is held by 379.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.0715% of the shares, which is about 8.57 million shares worth $99.52 million.
JANUS HENDERSON GROUP PLC, with 5.2802% or 7.45 million shares worth $86.55 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 4.73 shares worth $116.67 million, making up 1.98% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 3.83 shares worth around $94.37 million, which represents about 1.60% of the total shares outstanding.
