Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -70.09%.However, over the last six months, we can see a stronger performance of -62.11%. Over the last 30 days, the price of ASTR has leaped by -55.42%. And in the last five days, it has surged by 5.08%.
Astra Space Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $7.28 on 03/30/23, while the lowest price for the same period was registered at $0.52 on 03/08/24.
52-week price history of ASTR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Astra Space Inc’s current trading price is -90.63% away from its 52-week high, while its distance from the 52-week low is 30.95%. The stock’s price range during this period has varied between$0.52 and $7.28. The Astra Space Inc’s shares, which operate in the Industrials, saw a trading volume of around 0.28 million for the day, a figure considerably lower than their average daily volume of 0.63 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Astra Space Inc (ASTR) has experienced a quarterly decline of -50.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.49M and boasts a workforce of 359 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4350, with a change in price of -0.1280. Similarly, Astra Space Inc recorded 1,160,886 in trading volume during the last 100 days, posting a change of -15.80%.
ASTR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ASTR stands at 2.19. Similarly, the long-term debt-to-equity ratio is also 0.84.
ASTR Stock Stochastic Average
Astra Space Inc’s raw stochastic average for the past 50 days is presently 8.23%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 18.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.90% and 10.92%, respectively.
