In today’s recent session, 8.57 million shares of the AST SpaceMobile Inc (NASDAQ:ASTS) have been traded, and its beta is 2.01. Most recently the company’s share price was $42.38, and it changed around $4.01 or 10.45% from the last close, which brings the market valuation of the company to $13.91B. ASTS at last check was trading at a discount to its 52-week high of $41.13, offering almost 2.95% off that amount. The share price’s 52-week low was $9.32, which indicates that the recent value has risen by an impressive 78.01% since then.
AST SpaceMobile Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.43. 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 a green trend so far today with a performance of 10.45% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 42.93 on recent trading dayincreased the stock’s daily price by 1.28%. The company’s shares are currently up 100.85% year-to-date, but still up 21.71% over the last five days. On the other hand, AST SpaceMobile Inc (NASDAQ:ASTS) is 61.51% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $47.9, which translates to bulls needing to increase their stock price by 11.52% 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 in July.
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.
