In Monday’s Wall Street session, AST SpaceMobile Inc (NASDAQ:ASTS) shares traded at $41.91, up 9.23% from the previous session.
ASTS stock price is now 61.38% away from the 50-day moving average and 64.51% away from the 200-day moving average. The market capitalization of the company currently stands at $13.75B.
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, Gupta Shanti B., Chief Operating Officer sold 10,000 shares of the company’s stock on Jun 16 ’25. The stock was sold for $418,400 at an average price of $41.84. Upon completion of the transaction, the Chief Operating Officer now directly owns 305,667 shares in the company, valued at $12.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Officer Gupta Shanti B. bought 10,000 shares of the business’s stock. A total of $418,433 was incurred on buying the stock at an average price of $41.84. A total of 32.19% of the company’s stock is owned by insiders.
During the past 12 months, AST SpaceMobile Inc has had a low of $9.32 and a high of $41.13. 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.
