Stocks of AST SpaceMobile Inc (NASDAQ:ASTS) traded higher last session on Wall Street, up 7.77% to $28.15.
ASTS stock price is now 11.02% away from the 50-day moving average and 25.79% away from the 200-day moving average. The market capitalization of the company currently stands at $8.91B.
With the price target of $30, Cantor Fitzgerald recently initiated with Overweight rating for AST SpaceMobile Inc (NASDAQ: ASTS). On March 08, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $7, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, RUBIN RONALD L, Director sold 7,000 shares of the company’s stock on Mar 10 ’25. The stock was sold for $227,220 at an average price of $32.46. Upon completion of the transaction, the Director now directly owns 65,628 shares in the company, valued at $1.85 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Director Torres Julio A. sold 20,000 shares of the business’s stock. A total of $614,600 was realized by selling the stock at an average price of $30.73. This leaves the insider owning 52,628 shares of the company worth $1.48 million. A total of 28.59% of the company’s stock is owned by insiders.
During the past 12 months, AST SpaceMobile Inc has had a low of $1.97 and a high of $39.08. As of last week, the company has a debt-to-equity ratio of 0.36, a current ratio of 7.90, and a quick ratio of 7.90. The fifty day moving average price for ASTS is $25.3552 and a two-hundred day moving average price translates $22.379375 for the stock.
The latest earnings results from AST SpaceMobile Inc (NASDAQ: ASTS) was released for 2024-12-31. The net profit margin was -6792.28% and return on equity was -103.82% for ASTS.
