With 10.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.42 million shares. The 52-week range on ASTS shows that it touched its highest point at $39.08 and its lowest point at $7.56 during that stretch. It currently has a 1-year price target of $41.77. Beta for the stock currently stands at 2.01.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASTS was up-trending over the past week, with a rise of 1.37%, but this was down by -4.69% over a month. Three-month performance dropped to -11.99% while six-month performance rose 8.12%. The stock gained 199.41% in the past year, while it has gained 19.34% so far this year. A look at the trailing 12-month EPS for ASTS yields -2.00 with Next year EPS estimates of -0.57. For the next quarter, that number is -0.23. This implies an EPS growth rate of 51.80% for this year and 38.54% for next year.
Float and Shares Shorts:
At present, 236.92 million ASTS shares are outstanding with a float of 161.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASTS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.55995 being high and -$2.97133 being low. For ASTS, this leads to a yearly average estimate of -$1.76313.
