The price of AST SpaceMobile Inc (NASDAQ:ASTS) shares last traded on Wall Street fell -0.24% to $24.78.
ASTS stock price is now 2.10% away from the 50-day moving average and -2.26% away from the 200-day moving average. The market capitalization of the company currently stands at $8.13B.
On April 10, 2025, Roth Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $42, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, Yao Huiwen, Chief Technology Officer sold 55,000 shares of the company’s stock on May 16 ’25. The stock was sold for $1,475,100 at an average price of $26.82. Upon completion of the transaction, the Chief Technology Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Officer Yao Huiwen bought 55,000 shares of the business’s stock. A total of $1,423,400 was incurred on buying the stock at an average price of $25.88. A total of 32.20% of the company’s stock is owned by insiders.
During the past 12 months, AST SpaceMobile Inc has had a low of $4.65 and a high of $39.08. As of last week, the company has a debt-to-equity ratio of 0.84, a current ratio of 10.62, and a quick ratio of 10.62.
The net profit margin was -7033.20% and return on equity was -88.95% for ASTS. The company reported revenue of $0.72 million for the quarter, compared to $0.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 43.6 percent.
