Last month’s performance of 28.71% for AST SpaceMobile Inc (ASTS) is certainly impressive

AST SpaceMobile Inc (NASDAQ: ASTS) kicked off on Friday, up 1.40% from the previous trading day, before settling in for the closing price of $11.45. Over the past 52 weeks, ASTS has traded in a range of $1.97-$12.45.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Technology sector company grew by 4.84% over the past five years. While this was happening, its average annual earnings per share was recorded 33.50%. With a float of $120.55 million, this company’s outstanding shares have now reached $143.34 million.

Let’s look at the performance matrix of the company that is accounted for 489 employees.

AST SpaceMobile Inc (ASTS) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of AST SpaceMobile Inc is 15.90%, while institutional ownership is 36.02%.

AST SpaceMobile Inc (ASTS) Latest Financial update

In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.24 earnings per share (EPS), higher than consensus estimate (set at -0.24) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 33.50% per share during the next fiscal year.

AST SpaceMobile Inc (NASDAQ: ASTS) Trading Performance Indicators

Take a look at AST SpaceMobile Inc’s (ASTS) current performance indicators. Last quarter, stock had a quick ratio of 7.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3328.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.99, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.67 in one year’s time.

Technical Analysis of AST SpaceMobile Inc (ASTS)

AST SpaceMobile Inc (NASDAQ: ASTS) saw its 5-day average volume 8.65 million, a positive change from its year-to-date volume of 7.5 million. As of the previous 9 days, the stock’s Stochastic %D was 67.41%. Additionally, its Average True Range was 1.01.

During the past 100 days, AST SpaceMobile Inc’s (ASTS) raw stochastic average was set at 91.98%, which indicates a significant increase from 80.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.21% in the past 14 days, which was lower than the 155.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.02, while its 200-day Moving Average is $4.29. Nevertheless, the first resistance level for the watch stands at $11.93 in the near term. At $12.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.58. If the price goes on to break the first support level at $11.28, it is likely to go to the next support level at $10.96. The third support level lies at $10.63 if the price breaches the second support level.

AST SpaceMobile Inc (NASDAQ: ASTS) Key Stats

The company with the Market Capitalisation of 1.66 billion has total of 257,532K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -87,560 K annual income. Company’s last quarter sales were recorded 500 K and last quarter income was -19,730 K.