On Tuesday, AST SpaceMobile Inc (NASDAQ: ASTS) opened lower -0.24% from the last session, before settling in for the closing price of $28.64. Price fluctuations for ASTS have ranged from $1.97 to $39.08 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 4.84%. Company’s average yearly earnings per share was noted -64.97% at the time writing. With a float of $143.06 million, this company’s outstanding shares have now reached $170.04 million.
Let’s determine the extent of company efficiency that accounts for 489 employees. 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 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 28.59%, while institutional ownership is 37.72%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -64.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.32% during the next five years compared to -80.78% drop over the previous five years of trading.
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 5.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3311.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.14, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.69 in one year’s time.
Technical Analysis of AST SpaceMobile Inc (ASTS)
Looking closely at AST SpaceMobile Inc (NASDAQ: ASTS), its last 5-days average volume was 12.03 million, which is a jump from its year-to-date volume of 11.74 million. As of the previous 9 days, the stock’s Stochastic %D was 44.22%. Additionally, its Average True Range was 2.69.
During the past 100 days, AST SpaceMobile Inc’s (ASTS) raw stochastic average was set at 68.97%, which indicates a significant increase from 57.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.76% in the past 14 days, which was higher than the 93.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.94, while its 200-day Moving Average is $20.62. However, in the short run, AST SpaceMobile Inc’s stock first resistance to watch stands at $29.77. Second resistance stands at $30.98. The third major resistance level sits at $32.81. If the price goes on to break the first support level at $26.73, it is likely to go to the next support level at $24.90. Should the price break the second support level, the third support level stands at $23.69.
AST SpaceMobile Inc (NASDAQ: ASTS) Key Stats
There are currently 289,735K shares outstanding in the company with a market cap of 8.28 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 1,100 K and its income totaled -171,950 K.
