A new trading day began on Monday, with AST SpaceMobile Inc (NASDAQ: ASTS) stock price up 1.62% from the previous day of trading, before settling in for the closing price of $22.88. ASTS’s price has ranged from $1.97 to $39.08 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 4.84% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -57.79%. With a float of $149.32 million, this company’s outstanding shares have now reached $170.04 million.
In an organization with 489 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -3152.92%, operating margin of -9796.68%, and the pretax margin is -21923.92%.
AST SpaceMobile Inc (ASTS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Communication Equipment Industry. The insider ownership of AST SpaceMobile Inc is 25.47%, while institutional ownership is 33.60%. The most recent insider transaction that took place on Nov 20 ’24, was worth 58,950,000. Before that another transaction happened on Oct 08 ’24, when Company’s Chief Technology Officer sold 45,000 for $24.26, making the entire transaction worth $1,091,700. This insider now owns 55,000 shares in total.
AST SpaceMobile Inc (ASTS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -57.79% per share during the next fiscal year.
AST SpaceMobile Inc (NASDAQ: ASTS) Trading Performance Indicators
Here are AST SpaceMobile Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2694.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.14, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.50 in one year’s time.
Technical Analysis of AST SpaceMobile Inc (ASTS)
Let’s dig in a bit further. During the last 5-days, its volume was 7.06 million. That was inferior than the volume of 10.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.25%. Additionally, its Average True Range was 1.97.
During the past 100 days, AST SpaceMobile Inc’s (ASTS) raw stochastic average was set at 27.95%, which indicates a significant increase from 20.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.96% in the past 14 days, which was lower than the 118.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.65, while its 200-day Moving Average is $16.31. However, in the short run, AST SpaceMobile Inc’s stock first resistance to watch stands at $23.75. Second resistance stands at $24.24. The third major resistance level sits at $25.09. If the price goes on to break the first support level at $22.41, it is likely to go to the next support level at $21.56. The third support level lies at $21.07 if the price breaches the second support level.
AST SpaceMobile Inc (NASDAQ: ASTS) Key Stats
With a market capitalization of 6.74 billion, the company has a total of 289,735K Shares Outstanding. Currently, annual sales are 0 K while annual income is -87,560 K. The company’s previous quarter sales were 1,100 K while its latest quarter income was -171,950 K.
