Communication Services sector company AST SpaceMobile posted a -0.5% performance today, while the S&P 500 returned -0.5%.
AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. The company is based in Midland, TX and has 386 full time employees. Its market capitalization is $1,212,060,589.
3 analysts are following AST SpaceMobile and have set target prices ranging from $15 to $32 per share. On average, they have given the company a rating of buy. At today's prices, ASTS is trading -70.68% away from its average analyst target price of $20.67 per share.
Over the last year, ASTS's share price has increased by 6.3%, which represents a difference of 14.0% when compared to the S&P 500. The stock's 52 week high is $14.27 per share whereas its 52 week low is $3.55. AST SpaceMobile has averaged free cash flows of $-94,049,000.0 over the last two years, with a mean growth rate of -153.5%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
Date Reported | Cash Flow from Operations ($ MM) | Capital expenditures ($ MM) | Free Cash Flow ($ MM) | YoY Growth (%) |
---|---|---|---|---|
2021-12-31 | -80 | -55 | -135 | -153.49 |
2020-12-31 | -23 | -30 | -53 | n/a |