AirNet Technology Inc. (NASDAQ: ANTE) is 8.22% higher on its value in year-to-date trading and has touched a low of $0.63 and a high of $3.85 in the current 52-week trading range. The ANTE stock was last observed hovering at around $2.37 in the last trading session, with the day’s gains setting it 0.4% off its average median price target of $34.50 for the next 12 months. It is also 91.97% off the consensus price target high of $34.50 offered by 1 analysts, but current levels are 91.97% higher than the price target low of $34.50 for the same period.
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Currently trading at $2.77, the stock is 69.26% and 107.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing 16.88% at the moment leaves the stock 182.85% off its SMA200. ANTE registered 139.39% gain for a year compared to 6-month gain of 207.87%. The firm has a 50-day simple moving average (SMA 50) of $1.4597 and a 200-day simple moving average (SMA200) of $1.0678.
The stock witnessed a 100.85% loss in the last 1 month and extending the period to 3 months gives it a 182.14%, and is 43.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 42.27% over the week and 19.04% over the month.
AirNet Technology Inc. (ANTE) has around 220 employees, a market worth around $22.40M and $26.00M in sales. Distance from 52-week low is 342.21% and -28.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-146.80%).
AirNet Technology Inc. (ANTE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AirNet Technology Inc. (ANTE) is a “Overweight”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 1 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
AirNet Technology Inc. is expected to release its quarterly report on 05/18/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 65.10% this year.
AirNet Technology Inc. (ANTE) Top Institutional Holders
10 institutions hold shares in AirNet Technology Inc. (ANTE), with 543.37k shares held by insiders accounting for 4.32% while institutional investors hold 4.55% of the company’s shares. The shares outstanding are 9.45M, and float is at 1.97M with Short Float at 3.51%. Institutions hold 4.35% of the Float.
The top institutional shareholder in the company is Morgan Stanley with over 0.36 million shares valued at $0.33 million. The investor’s holdings represent 2.89% of the ANTE Shares outstanding. As of Sep 29, 2020, the second largest holder is HRT Financial LLC with 60333.0 shares valued at $55506.0 to account for 0.48% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 48800.0 shares representing 0.39% and valued at over $44896.0, while UBS Group AG holds 0.20% of the shares totaling 25264.0 with a market value of $23243.0.