With 10.94 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.33 million shares. The 52-week range on ASTS shows that it touched its highest point at $39.08 and its lowest point at $2.12 during that stretch. It currently has a 1-year price target of $42.27. Beta for the stock currently stands at 2.08.
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 2.06%, but this was up by 14.69% over a month. Three-month performance surged to 15.28% while six-month performance fell -1.51%. The stock gained 995.13% in the past year, while it has gained 17.30% so far this year. A look at the trailing 12-month EPS for ASTS yields -1.96 with Next year EPS estimates of -0.61. For the next quarter, that number is -0.20. This implies an EPS growth rate of 53.41% for this year and 32.48% for next year.
Float and Shares Shorts:
At present, 208.17 million ASTS shares are outstanding with a float of 172.13 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 -$0.64024 being high and -$2.98207 being low. For ASTS, this leads to a yearly average estimate of -$1.76313.
