AST SpaceMobile Inc [ASTS] stock is trading at $28.14, down -1.23%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ASTS shares have gain 16.38% over the last week, with a monthly amount drifted -1.64%, and not 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.
AST SpaceMobile Inc [ASTS] stock has fluctuated between $1.97 and $39.08 over the past year. Currently, Wall Street analysts expect the stock to reach $41.23 within the next 12 months. AST SpaceMobile Inc [NASDAQ: ASTS] shares were valued at $28.14 at the most recent close of the market. An investor can expect a potential return of 46.52% based on the average ASTS price forecast.
Analyzing the ASTS fundamentals
Gross Profit Margin for this corporation currently stands at -55.44% with Operating Profit Margin at -170.24%, Pretax Profit Margin comes in at -211.53%, and Net Profit Margin reading is -124.59%. To continue investigating profitability, this company’s Return on Assets is posted at -0.3, Equity is -1.3 and Total Capital is -0.45. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.39.
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 27.03 points at the first support level, and at 25.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.30, and for the 2nd resistance point, it is at 30.45.
Ratios To Look Out For
For context, AST SpaceMobile Inc’s Current Ratio is 6.38. In addition, the Quick Ratio stands at 6.38 and the Cash Ratio stands at 5.82. Considering the valuation of this stock, the price to sales ratio is 3314.49, the price to book ratio is 28.82.
Transactions by insiders
Recent insider trading involved Yao Huiwen, Chief Technology Officer, that happened on Oct 08 ’24 when 45000.0 shares were sold. President, Wisniewski Scott completed a deal on Sep 30 ’24 to sell 2700.0 shares. Meanwhile, Chief Operating Officer Gupta Shanti B. sold 80000.0 shares on Sep 30 ’24.
