A share price of AST SpaceMobile Inc [ASTS] is currently trading at $23.10, up 11.16%. 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 9.63% over the last week, with a monthly amount drifted -6.78%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $1.97 and $39.08. 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 $23.10 at the most recent close of the market. An investor can expect a potential return of 78.48% based on the average ASTS price forecast.
Analyzing the ASTS fundamentals
Gross Profit Margin for this corporation currently stands at -31.53% with Operating Profit Margin at -97.97%, Pretax Profit Margin comes in at -219.24%, and Net Profit Margin reading is -118.46%. To continue investigating profitability, this company’s Return on Assets is posted at -0.36, Equity is -1.65 and Total Capital is -0.34. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
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 21.63 points at the first support level, and at 20.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.85, and for the 2nd resistance point, it is at 24.59.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AST SpaceMobile Inc [NASDAQ:ASTS] is 5.80. As well, the Quick Ratio is 5.80, while the Cash Ratio is 5.49. Considering the valuation of this stock, the price to sales ratio is 2677.15, the price to book ratio is 12.71.
Transactions by insiders
Recent insider trading involved AA Gables, LLC, (1), that happened on Nov 20 ’24 when 2.5 million shares were purchased. Chief Technology Officer, Yao Huiwen completed a deal on Oct 08 ’24 to sell 45000.0 shares. Meanwhile, President Wisniewski Scott sold 2700.0 shares on Sep 30 ’24.
