Airship AI Holdings Inc (NASDAQ:AISP) price on Thursday, May 22, rose 9.28% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.30.
A look at the stock’s price movement, the close in the last trading session was $4.85. Turning to its 52-week performance, $7.66 and $1.90 were the 52-week high and 52-week low respectively. Overall, AISP moved 40.21% over the past month.
Airship AI Holdings Inc’s market cap currently stands at around $168.78 million, with investors looking forward to this quarter’s earnings report slated for in June.
Analysts have a consensus estimate of 6.2M for the company’s revenue for the quarter, with a low and high estimate of 6.2M and 6.2M respectively. The average forecast suggests down to a -3.14% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 30.4M, representing a 31.89% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AISP is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
AISP’s current price about 24.65% and 30.38% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.27, while 7-day volatility ratio is 12.23% and 6.63% in the 30-day chart. Further, Airship AI Holdings Inc (AISP) has a beta value of 0.24, and an average true range (ATR) of 0.41.
If we refocus on Airship AI Holdings Inc (NASDAQ:AISP), historical trading data shows that trading volumes averaged 859.51K over the past 3 months. The company’s latest data on shares outstanding shows there are 31.84 million shares.
The 36.74% of Airship AI Holdings Inc’s shares are in the hands of company insiders while institutional holders own 12.70% of the company’s shares. Current price change has pushed the stock -15.34% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AISP stock continues to rise going into the next quarter.
