AST SpaceMobile Inc (NASDAQ:ASTS) price closed lower on Monday, April 15, dropping -2.35% below its previous close.
A look at the daily price movement shows that the last close reads $2.13. The company’s 5Y monthly beta was ticking 0.86. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.10 and 52-week low of $1.97. The stock subtracted -31.58% on its value in the past month.
AST SpaceMobile Inc, which has a market valuation of $255.42 million, is expected to release its quarterly earnings report May 13, 2024 – May 17, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ASTS a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that ASTS’s price is at present -18.82% off the SMA20 and -28.14% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 33.64, with weekly volatility standing at 5.90%. The indicator jumps to 7.44% when calculated based on the past 30 days. AST SpaceMobile Inc (NASDAQ:ASTS)’s beta value is holding at 0.92, while the average true range (ATR) indicator is currently reading 0.20.
An analysis of the AST SpaceMobile Inc (NASDAQ:ASTS) stock in terms of its daily trading volume indicates that the 3-month average is 4.82 million.
Current records show that the company has 122.80M in outstanding shares. The insiders’ percentage holdings are 17.97% of outstanding shares while the percentage share held by institutions stands at 28.34%. But the -65.51% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
