Ast Spacemobile Stock Today

ASTS Stock  USD 24.20  0.71  2.85%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 19

 
High
 
Low
Low
Ast Spacemobile is selling for under 24.20 as of the 9th of October 2024; that is 2.85 percent decrease since the beginning of the trading day. The stock's lowest day price was 24.01. Ast Spacemobile has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Ast Spacemobile are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of October 2023 and ending today, the 9th of October 2024. Click here to learn more.
Business Domain
Telecommunication Services
IPO Date
1st of November 2019
Category
Technology
Classification
Communication Services
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile service provides mobile broadband services for users traveling in and out of areas without terrestrial mobile services on land, at sea, or in flight. The company has 164.9 M outstanding shares of which 38.67 M shares are presently shorted by private and institutional investors with about 1.46 trading days to cover. More on Ast Spacemobile

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Ast Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman, FounderAbel Avellan
Business ConcentrationWireless Telecommunication Services, Telecommunication Services, Communication Services, NASDAQ Composite, Communication Services, Wireless Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02440.0284
Fairly Down
Pretty Stable
Gross Profit Margin0.360.46
Significantly Down
Slightly volatile
Total Current Liabilities48.5 M46.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total55.7 M101.1 M
Way Down
Slightly volatile
Total Assets346.4 M360.9 M
Sufficiently Down
Slightly volatile
Total Current Assets141.3 M106.9 M
Significantly Up
Slightly volatile
Debt Levels
Ast Spacemobile can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ast Spacemobile's financial leverage. It provides some insight into what part of Ast Spacemobile's total assets is financed by creditors.
Liquidity
Ast Spacemobile currently holds 72.87 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Ast Spacemobile has a current ratio of 10.29, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ast Spacemobile's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

(156,450)
Ast Spacemobile (ASTS) is traded on NASDAQ Exchange in USA. It is located in Midland International Air & Space Port, Midland, TX, United States, 79706 and employs 489 people. Ast Spacemobile is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.84 B. Ast Spacemobile conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 164.9 M outstanding shares of which 38.67 M shares are presently shorted by private and institutional investors with about 1.46 trading days to cover. Ast Spacemobile currently holds about 202.37 M in cash with (148.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.81.
Check Ast Spacemobile Probability Of Bankruptcy
Ownership Allocation
Ast Spacemobile holds a total of 164.9 Million outstanding shares. 30% of Ast Spacemobile outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ast Ownership Details

Ast Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-06-30
988.9 K
Once Capital Management, Llc2024-06-30
919 K
Tidal Investments Llc.2024-06-30
867.1 K
Goldman Sachs Group Inc2024-06-30
819.9 K
Oppenheimer & Co Inc2024-06-30
798.5 K
D. E. Shaw & Co Lp2024-06-30
671.5 K
Polar Asset Management Partners2024-06-30
502.2 K
Bank Of New York Mellon Corp2024-06-30
472.8 K
Renaissance Technologies Corp2024-06-30
409.7 K
Blackrock Inc2024-06-30
8.6 M
Hhg Plc2024-06-30
7.5 M
View Ast Spacemobile Diagnostics

Ast Spacemobile Historical Income Statement

At this time, Ast Spacemobile's Income Tax Expense is comparatively stable compared to the past year. Minority Interest is likely to gain to about 112.1 M in 2024, despite the fact that EBIT is likely to grow to (211.2 M). View More Fundamentals

Ast Stock Against Markets

Ast Spacemobile Corporate Management

Already Invested in Ast Spacemobile?

The danger of trading Ast Spacemobile is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ast Spacemobile is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ast Spacemobile. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ast Spacemobile is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Ast Stock Analysis

When running Ast Spacemobile's price analysis, check to measure Ast Spacemobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ast Spacemobile is operating at the current time. Most of Ast Spacemobile's value examination focuses on studying past and present price action to predict the probability of Ast Spacemobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ast Spacemobile's price. Additionally, you may evaluate how the addition of Ast Spacemobile to your portfolios can decrease your overall portfolio volatility.