8-Nov-2024
AST SpaceMobile (ASTS) Gets a Buy from Scotiabank
TipRanks (Thu, 7-Nov 8:30 AM ET)
AST SpaceMobile to Provide Quarterly Business Update on November 14, 2024
Business Wire (Tue, 29-Oct 5:00 PM ET)
Business Wire (Fri, 25-Oct 11:57 AM ET)
Business Wire (Wed, 23-Oct 5:46 PM ET)
AST SpaceMobile Announces Completion of Redemption of Public Warrants
Business Wire (Wed, 2-Oct 6:05 PM ET)
AST SpaceMobile Announces Preliminary Results of Redemption of Public Warrants
Business Wire (Mon, 30-Sep 7:00 AM ET)
AST SpaceMobile Announces Successful Orbital Launch of Its First Five Commercial Satellites
Business Wire (Thu, 12-Sep 9:10 AM ET)
Business Wire (Wed, 4-Sep 8:41 AM ET)
AST SpaceMobile Announces Redemption of Public Warrants
Business Wire (Wed, 28-Aug 8:00 AM ET)
AST SpaceMobile Offers Retail Shareholders a Chance to Attend the BlueBird 1-5 Launch
Business Wire (Fri, 16-Aug 9:00 AM ET)
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
Ast Spacemobile - Class A trades on the NASDAQ stock market under the symbol ASTS.
As of November 8, 2024, ASTS stock price climbed to $21.99 with 7,036,396 million shares trading.
ASTS has a beta of 2.36, meaning it tends to be more sensitive to market movements. ASTS has a correlation of 0.05 to the broad based SPY ETF.
ASTS has a market cap of $4.39 billion. This is considered a Mid Cap stock.
Last quarter Ast Spacemobile - Class A reported $900,000 in Revenue and -$.51 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.29.
In the last 3 years, ASTS traded as high as $39.08 and as low as $1.97.
The top ETF exchange traded funds that ASTS belongs to (by Net Assets): VTI, IWM, VXF, VB, IWN.
ASTS has outperformed the market in the last year with a return of +437.7%, while the SPY ETF gained +38.4%. However, in the most recent history, ASTS shares have underperformed the stock market with its stock returning -1.5% in the last 3 month period and -14.2% for the last 2 week period, while SPY has returned +13.1% and +3.3%, respectively.
ASTS support price is $20.03 and resistance is $22.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ASTS shares will trade within this expected range on the day.