With 7.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.92 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 down-trending over the past week, with a drop of -2.50%, but this was up by 6.71% over a month. Three-month performance dropped to -2.83% while six-month performance rose 6.76%. The stock gained 1010.34% in the past year, while it has gained 22.09% 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 161.52 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 -$0.54161 being high and -$2.94379 being low. For ASTS, this leads to a yearly average estimate of -$1.76313.
