Streetbeat News

ASTS

AST SpaceMobile, Inc.

Industry

Communication Equipment

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 is headquartered in Midland, Texas.

Open

25.55

Mkt cap

6.9B

Volume

919K

High

26.11

P/E Ratio

-10.86

52-wk high

39.08

Low

24.48

Div yield

N/A

52-wk low

1.97

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are declining despite the successful launch of its first five commercial satellites. The Bluebird satellites aim to provide cellular broadband service across the U.S. and select global markets. The stock's recent decline follows a prospectus filing for the sale of up to $400 million in Class A common stock.

Portfolio Pulse from Erica Kollmann

September 12, 2024 | 3:35 pm

The article lists the top 10 trending stocks on WallStreetBets as of September 12, 2024, according to Swaggy Stocks. The stocks mentioned are NVDA, ASTS, MADE, WAY, LOT, MU, QQQ, SMCI, AI, and AAPL.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:15 pm

AST SpaceMobile successfully launched its first five commercial satellites, BlueBirds, into low Earth orbit. This marks a significant milestone for the company as it builds the first space-based cellular broadband network.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:11 pm

Insider purchases were made in OneWater Marine, Medallion Financial, and AST SpaceMobile, indicating potential confidence in these companies. OneWater Marine's COO bought 10,000 shares, Medallion Financial's CFO acquired 5,500 shares, and AST SpaceMobile's Director purchased 4,934 shares.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 10:25 am

The article discusses the recent options trading activity for AST SpaceMobile (NASDAQ:ASTS), highlighting a bearish sentiment among large investors. Despite a slight increase in stock price, the options market shows a mixed sentiment with a slight bearish tilt. Analysts maintain positive ratings with high target prices.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 1:48 pm

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:22 pm

High-rolling investors are showing bullish interest in AST SpaceMobile (NASDAQ:ASTS) through options trading, with 71% of trades being bullish. The stock is currently up 6.78% at $27.88, and analysts have set a consensus target price of $39.78. The recent options activity suggests a focus on a price range between $5.0 and $55.0.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 2:16 pm

The article lists the top 10 trending stocks on WallStreetBets as of September 9, 2024, according to Swaggy Stocks. The stocks mentioned include NVDA, AAPL, TSLA, PLTR, and QQQ among others.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 1:17 pm

In August, several mid-cap stocks showed significant performance. Polestar Automotive, Upstart Holdings, and Lumen Technologies were among the top performers, with notable stock price increases due to strong quarterly results and strategic developments.

Portfolio Pulse from Lekha Gupta

September 08, 2024 | 6:09 pm

The article highlights unusual options activity for several communication services stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for META, RBLX, ASTS, CMCSA, PARA, TTWO, VZ, and DIS, while GOOGL and SIRI show bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

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