Currently, Astra Space Inc.’s (ASTR) stock is trading at $1.49, marking a gain of 2.14% from last night’s close. At this price, the stock is -89.02% below its 52-week high of $13.58 and 25.31% above its 52-week low of $1.19. Based on the past 30-day period, the stock price is -3.85% below the high and +21.82% above the low.
Top 5 Cheap Stocks to Own Right Now
While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.
Sign up here to get your free report now. .
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ASTR’s SMA-200 is $4.8889.
It is also worth considering a company’s price to sales ratio for the last twelve months, which is 96.13. ASTR’s price to book ratio for the most recent quarter was 1.04, resulting in an 1.47 price to cash per share for the period.
How does Astra Space Inc. (ASTR) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.50 in simple terms.
Astra Space Inc. (ASTR): Earnings History
If we examine Astra Space Inc.’s recent earnings history, in the last quarter ended on 12/30/2021, it posted adjusted earnings per share of -$0.2, slashing the consensus of -$0.25. In other words, it beat the consensus by $0.05, resulting in a 20.00% surprise. In the 3 months period before the previous quarter which was closed on 12/30/2021, the stock recorded adjusted earnings per share of -$0.2 in contrast with the Outlook of -$0.25. That was a difference of $0.05 and a surprise of 20.00%.
Astra Space Inc. (ASTR): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 1 different analysts, who are expecting earnings to fall in between the range of -0.20 and -0.20 with an average Earnings Estimate of -0.20 which is in contrast with the last year earnings estimate of -0.46 and also replicates 56.52% growth rate year over year.
Astra Space Inc. (NASDAQ: ASTR) Ownership Details
I will give a breakdown of the key shareholders in Astra Space Inc. (ASTR). Recent figures show that the company’s insiders hold 17.07% of shares. A total of 146 institutional investors hold shares in the company, making 43.48% of its stock and 52.43% of its float.
Mar 30, 2022, it was reported that the Company’s largest institutional holder is Acme, LLC holding total of 29.45 million shares that make 14.12% of the company’s total number of shares and are currently priced at 113.68 million.
The securities firm Canaan Partners X LLC holds 6.97 million shares of ASTR, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 3.34%, and the holding percentage of shares is valued at 26.92 million.
An overview of Astra Space Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Astra Space Inc. (ASTR) traded 1,857,370 shares per day, with a moving average of $1.3945 and price change of +0.17. With the moving average of $1.7308 and a price change of -1.18, about 3,414,780 shares changed hands on average over the past 50 days. Finally, ASTR’s 100-day average volume is 4,215,564 shares, alongside a moving average of $2.6368 and a price change of -2.27.