AST SpaceMobile Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $39.08 on 08/21/24, while the lowest price for the same period was registered at $2.12 on 05/13/24.
52-week price history of ASTS Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. AST SpaceMobile Inc’s current trading price is -30.50% away from its 52-week high, while its distance from the 52-week low is 1181.13%. The stock’s price range during this period has spanned from $2.12 to $39.08. In the Technology sector, the AST SpaceMobile Inc’s shares surpassed a trading volume of approximately 13.69 million for the day, which was noticeably higher compared to the average daily volume of 9.10.86 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
AST SpaceMobile Inc (ASTS) has experienced a quarterly decline of -12.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.48B and boasts a workforce of 578 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 24.66, with a change in price of +3.68. Similarly, AST SpaceMobile Inc recorded 10,340,813 in trading volume during the last 100 days, posting a change of +15.67%.
Examining ASTS’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ASTS stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.35.
ASTS Stock Stochastic Average
Today’s raw stochastic average for AST SpaceMobile Inc over the last 50 days is 51.77%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 94.39%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 79.30% and 73.46%, respectively.
ASTS Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 28.72%. However, over the last six months, the performance has been weaker by 20.60%. The price of ASTS increased 17.37% over the last 30 days. And in the last five days, it has surged by 9.74%.
