AST SpaceMobile Inc (NASDAQ: ASTS) is 328.69% higher on its value in year-to-date trading and has touched a low of $1.97 and a high of $39.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASTS stock was last observed hovering at around $26.61 in the last trading session, with the day’s loss setting it -0.76%.
Currently trading at $25.85, the stock is -9.70% and 6.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.4 million and changing -2.86% at the moment leaves the stock 165.58% off its SMA200. ASTS registered 559.44% gain for a year compared to 6-month gain of 810.21%. The firm has a 50-day simple moving average (SMA 50) of $24.475 and a 200-day simple moving average (SMA200) of $9.837275.
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The stock witnessed a -21.33% loss in the last 1 month and extending the period to 3 months gives it a 135.43%, and is -7.68% down 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 8.04% over the week and 11.63% over the month.
AST SpaceMobile Inc (ASTS) has around 489 employees, a market worth around $4.09B and $1.40M in sales. Profit margin for the company is -10365.36%. Distance from 52-week low is 1212.18% and -33.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.79%).
with sales reaching $24.13M over the same period.The EPS is expected to grow by 0.86% this year.
AST SpaceMobile Inc (ASTS) Top Institutional Holders
215.0 institutions hold shares in AST SpaceMobile Inc (ASTS), with institutional investors hold 39.78% of the company’s shares. The shares outstanding are 158.04M, and float is at 134.32M with Short Float at 17.46%. Institutions hold 34.94% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.57 million shares valued at $99.52 million. The investor’s holdings represent 7.0583% of the ASTS Shares outstanding. As of 2024-06-30, the second largest holder is JANUS HENDERSON GROUP PLC with 7.45 million shares valued at $86.55 million to account for 6.1384 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.69 million shares representing 5.5045% and valued at over $77.61 million, while BROAD RUN INVESTMENT MANAGEMENT, LLC holds 3.1671 of the shares totaling 3.85 million with a market value of $44.66 million.
AST SpaceMobile Inc (ASTS) Insider Activity
The most recent transaction is an insider purchase by Cisneros Adriana, the company’s Director. SEC filings show that Cisneros Adriana bought 4,934 shares of the company’s common stock on Sep 06 ’24 at a price of $26.32 per share for a total of $0.13 million. Following the purchase, the insider now owns 0.77 million shares.
