With 11.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.32 million shares. The 52-week range on ASTS shows that it touched its highest point at $39.08 and its lowest point at $1.97 during that stretch. It currently has a 1-year price target of $43.18. Beta for the stock currently stands at 1.69.
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 0.17%, but this was up by 8.11% over a month. Three-month performance surged to 27.32% while six-month performance rose 9.77%. The stock gained 871.53% in the past year, while it has gained 35.83% so far this year. A look at the trailing 12-month EPS for ASTS yields -1.96 with Next year EPS estimates of -0.30. For the next quarter, that number is -0.21. This implies an EPS growth rate of 52.77% for this year and 66.75% for next year.
Float and Shares Shorts:
At present, 208.17 million ASTS shares are outstanding with a float of 162.16 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 -$0.56779 being high and -$2.73455 being low. For ASTS, this leads to a yearly average estimate of -$1.76313. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.26. The average estimate for the next quarter is thus -$0.17.
