Witnessing the stock’s movement on the chart, on Wednesday, Astra Space Inc (NASDAQ: ASTR) had a quiet start as it plunged -0.59% to $0.51, before settling in for the price of $0.51 at the close. Taking a more long-term approach, ASTR posted a 52-week range of $0.49-$6.45.
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It was noted that the giant of the Industrials sector posted annual sales growth of -19.55% over the last 5 years. This publicly-traded company’s shares outstanding now amounts to $18.89 million, simultaneously with a float of $16.57 million. The organization now has a market capitalization sitting at $11.49 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6099, while the 200-day Moving Average is $1.1919.
Astra Space Inc (ASTR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Aerospace & Defense industry. Astra Space Inc’s current insider ownership accounts for 27.06%, in contrast to 7.41% institutional ownership. According to the most recent insider trade that took place on Dec 26 ’23, this organization’s Director bought 18,442 shares at the rate of 1.21, making the entire transaction reach 22,315 in total value, affecting insider ownership by 33,536.
Astra Space Inc (NASDAQ: ASTR) Trading Performance Indicators
Let’s observe the current performance indicators for Astra Space Inc (ASTR). It’s Quick Ratio in the last reported quarter now stands at 0.17. The Stock has managed to achieve an average true range (ATR) of 0.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.76.
In the same vein, ASTR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.02.
Technical Analysis of Astra Space Inc (ASTR)
Going through the that latest performance of [Astra Space Inc, ASTR]. Its last 5-days volume of 0.35 million indicated improvement to the volume of 0.32 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 12.13% While, its Average True Range was 0.0351.
Raw Stochastic average of Astra Space Inc (ASTR) in the period of the previous 100 days is set at 0.81%, which indicates a major fall in contrast to 9.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.43% that was lower than 124.02% volatility it exhibited in the past 100-days period.
