AST SpaceMobile Inc [ASTS] stock prices are up 1.40% to $11.61 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ASTS shares have gain 15.18% over the last week, with a monthly amount glided 28.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
AST SpaceMobile Inc [NASDAQ: ASTS] stock has seen the most recent analyst activity on March 08, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $7. Previously, Scotiabank started tracking the stock with Sector Outperform rating on March 06, 2024, and set its price target to $7.50. On October 28, 2022, B. Riley Securities initiated with a Buy rating and assigned a price target of $15 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $29 on July 12, 2021. Deutsche Bank initiated its recommendation with a Buy and recommended $35 as its price target on June 30, 2021.
The stock price of AST SpaceMobile Inc [ASTS] has been fluctuating between $1.97 and $12.45 over the past year. Currently, Wall Street analysts expect the stock to reach $12.95 within the next 12 months. AST SpaceMobile Inc [NASDAQ: ASTS] shares were valued at $11.61 at the most recent close of the market. An investor can expect a potential return of 11.54% based on the average ASTS price forecast.
Analyzing the ASTS fundamentals
Gross Profit Margin for this corporation currently stands at -161.88% with Operating Profit Margin at -466.83%, Pretax Profit Margin comes in at -430.81%, and Net Profit Margin reading is -240.56%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.9 and Total Capital is -0.5. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.99.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.28 points at the first support level, and at 10.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.93, and for the 2nd resistance point, it is at 12.26.
Ratios To Look Out For
It’s worth pointing out that AST SpaceMobile Inc [NASDAQ:ASTS]’s Current Ratio is 7.51. As well, the Quick Ratio is 7.51, while the Cash Ratio is 6.66. Considering the valuation of this stock, the price to sales ratio is 3328.35, the price to book ratio is 9.75.
