On Tuesday, AST SpaceMobile Inc (NASDAQ: ASTS) opened lower -2.85% from the last session, before settling in for the closing price of $24.91. Price fluctuations for ASTS have ranged from $1.97 to $39.08 over the past 52 weeks.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 4.84%. Company’s average yearly earnings per share was noted 0.86% at the time writing. With a float of $139.63 million, this company’s outstanding shares have now reached $164.90 million.
Considering the fact that the conglomerate employs 489 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -5544.14%, operating margin of -17024.0%, and the pretax margin is -21153.29%.
AST SpaceMobile Inc (ASTS) Insider Activity
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of AST SpaceMobile Inc is 15.32%, while institutional ownership is 33.47%. The most recent insider transaction that took place on Sep 30 ’24, was worth 62,427. In this transaction President of this company sold 2,700 shares at a rate of $23.12, taking the stock ownership to the 712,660 shares. Before that another transaction happened on Sep 30 ’24, when Company’s Chief Operating Officer sold 80,000 for $25.83, making the entire transaction worth $2,066,400. This insider now owns 393,232 shares in total.
AST SpaceMobile Inc (ASTS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 0.86% per share during the next fiscal year.
AST SpaceMobile Inc (NASDAQ: ASTS) Trading Performance Indicators
Check out the current performance indicators for AST SpaceMobile Inc (ASTS). In the past quarter, the stock posted a quick ratio of 6.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2850.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.26, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.71 in one year’s time.
Technical Analysis of AST SpaceMobile Inc (ASTS)
Compared to the last year’s volume of 10.6 million, its volume of 9.28 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.92%. Additionally, its Average True Range was 2.62.
During the past 100 days, AST SpaceMobile Inc’s (ASTS) raw stochastic average was set at 58.68%, which indicates a significant increase from 28.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.39% in the past 14 days, which was lower than the 174.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.46, while its 200-day Moving Average is $10.80. Nevertheless, the first resistance level for the watch stands at $24.99 in the near term. At $25.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.27. If the price goes on to break the first support level at $23.71, it is likely to go to the next support level at $23.22. Should the price break the second support level, the third support level stands at $22.43.
AST SpaceMobile Inc (NASDAQ: ASTS) Key Stats
There are currently 257,532K shares outstanding in the company with a market cap of 3.99 billion. Presently, the company’s annual sales total 0 K according to its annual income of -87,560 K. Last quarter, the company’s sales amounted to 900 K and its income totaled -72,550 K.
