AST SpaceMobile, Inc. (ASTS) Stock

About AST SpaceMobile, Inc.

AST SpaceMobile, Inc. establishes and operates a satellite-based cellular broadband network designed to connect directly with standard mobile phones. Through its SpaceMobile service, it delivers mobile internet access to individuals in remote or unserved locations that lack traditional terrestrial mobile coverage, whether on land, across oceans, or during air travel. The company is situated in Midland, Texas.

AST SpaceMobile, Inc. is led by CEO Abel Avellan, employs 578 people, headquartered in Midland, US, publicly traded since 2019.

AST SpaceMobile, Inc. (ASTS) stock trades at $58.44 with a market capitalization of $23.78B. The stock is valued at a price-to-earnings (P/E) ratio of -57.01, price-to-book of 16.54, price-to-sales of 399.39. Over the past 52 weeks the stock has ranged between $36.08 and $133.86, and currently trades 56.3% below its 52-week high.

On profitability, AST SpaceMobile, Inc. generates a return on equity (ROE) of -18.58%, return on capital employed of -12.04%, an operating margin of -405.63%, a net profit margin of -5.74%.

In its most recent fiscal year, AST SpaceMobile, Inc. reported annual revenue of $71.0M, net profit of $-342.0M, revenue has compounded at 63.9% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.01 — a conservative balance sheet with little leverage risk, a current ratio of 16.39, total assets of $5.0B, $2.3B in cash and equivalents.

ASTS has an average daily trading volume of 22,367,709 shares, a beta of 2.63 (more volatile than the overall market).

Official website: ast-science.com