AST SpaceMobile Inc (NASDAQ:ASTS) traded at $32.10 at close of the session on Friday, February 14 and made an upward move of 6.82% on its previous day’s price.
Looking at the stock we see that its previous close was $30.05 and the beta (5Y monthly) reads 1.616 with the day’s price range being $29.37 – $32.47. In terms of its 52-week price range, ASTS has a high of $39.08 and a low of $1.97. The company’s stock has gained about 49.03% over that past 30 days.
AST SpaceMobile Inc has a market cap of $6.43 billion and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 2.38M, with a low of 1.25M and a high of 3.4M.
On the other hand, looking at the outlook for the ASTS stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 3 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the AST SpaceMobile Inc (ASTS) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 35.39% off its SMA20 and 37.70% from its 50-day simple moving average. The RSI (14) is pointing at 67.67 while the volatility over the past week is 12.01% and jumps to 9.44% over the past one month. The beta value is 1.67, while the average true range (ATR) is currently pointing at 2.56. The average price target for the stock over the next 12 months is $54.45, with the estimates having a low of $45.9 and a high of $63. These price ends are -42.99% and -96.26% off the current price level respectively, although investors could be excited at the prospect of a -69.63% if the ASTS share price touches on the median price of $54.45.
Coming back to AST SpaceMobile Inc (NASDAQ:ASTS), we note that the average 3-month trading volume was 9.82 million, while that of the preceding 10-day period stands at 15.49 million. Current shares outstanding are 170.04 million.
The insiders hold 28.61% of the company’s shares while institutions hold 37.80%. The data shows that short shares as of 2025-01-31, stood at 42.74 million at a short ratio of 4.47. This represents a 2184.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 35.28 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 52.13% up in year-to-date price movement.
