WallStreetZenWallStreetZen

How to Buy Ast Spacemobile Stock

Ast Spacemobile Inc

AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones.

Ast Spacemobile stock last closed at $2.15, down 0.46% from the previous day, and has decreased 50.69% in one year. It has underperformed other stocks in the Communication Equipment industry by 0.33 percentage points. Ast Spacemobile stock is currently +9.14% from its 52-week low of $1.97, and -69.72% from its 52-week high of $7.10.

There are currently 256.04M ASTS shares outstanding. The market value of ASTS is $550.49M. In the past 24 hours, 2.24M ASTS shares were traded.

How to Buy Ast Spacemobile Stock

Wondering how to invest in Ast Spacemobile stock? Here's how.
  1. Decide where to buy Ast Spacemobile stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Ast Spacemobile stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your method of payment and add your details.
  4. Analyze Ast Spacemobile stock: The Ast Spacemobile ticker symbol is ASTS. Is Ast Spacemobile stock a good investment? Should you buy shares of ASTS? How do ASTS's underlying business fundamentals look? Do top analysts think Ast Spacemobile is a good buy? Why has ASTS's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ASTS is a good stock to buy).
  5. Execute your ASTS trade: Decide if you will purchase ASTS shares at the current market price or use a limit order to buy ASTS shares at a given price.
  6. Get key alerts regarding your ASTS investment: Create a watchlist to important updates regarding your position in Ast Spacemobile stock.

Step 1: Decide where to buy Ast Spacemobile stock

You will need an online brokerage account in order to access the NASDAQ market and buy ASTS stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best online stock brokerage. Here's why:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world financial markets: From Tech to Healthcare, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal details so you are able to buy ASTS today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to open your new trading account.
  1. Submit your data by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your brokerage account

Now that you have created your account on app for stock market, you can securely and quickly fund your account:

Watch this video walkthrough if you need help transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Ast Spacemobile stock

Once you have selected the best place to buy Ast Spacemobile stock, it's crucial to evaluate their stock before you buy, so you actually comprehend the risk as well as the upside.

Ast Spacemobile stock at a glance

ASTS Price
$2.15
1w %
6.44%
1y %
-50.69%
5y %
N/A
P/E
-2.01x
P/B
5.56x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$87.56M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$550.49M
Next Earnings
May 13, 2024
Next Dividend
N/A

Ast Spacemobile Zen Score

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ASTS's stock page.

How is ASTS stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ASTS's intrinsic value.

Using relative valuations ratios:

  • ASTS could be overvalued based on its P/B ratio of 5.56x, relative to Communication Equipment industry P/B ratio of 2.68x

You can do additional valuation research on ASTS's stock here.

ASTS Financial Health Overview

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the ASTS balance sheet.
  • There are more short-term assets than short-term liabilities on the ASTS balance sheet.

Failed Financial Due Diligence Checks:

  • ASTS has a relatively high debt to equity ratio of 1.49.
  • ASTS has cash burn of 267749000. It does not have sufficient cash and short-term investments to cover this.
  • ASTS has $88.10M in cash and short term investments. This is not enough to cover its annual cash burn of $267.75M.

Is it a good time to buy Ast Spacemobile stock, according to Wall Street analysts?

Out of 3 Equities analysts who monitor ASTS, the consensus analyst rating on ASTS is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Ast Spacemobile stock forecast page.

ASTS Momentum

SMA10
2.11
SMA20
2.28
SMA50
2.78
SMA100
3.62
SMA200
3.76
MACD
-0.21
MACD Signal
-0.23
MACD Histogram
0.02
RSI
39.4
Stochastic %K
34.15
Stochastic %D
26.27
StochRSI %K
94.51
StochRSI %D
88.62

ASTS Growth Numbers

Last year, ASTS revenue was $0.00. Over the last three year, ASTS's revenue has increased by -100% per year. This was slower than the Communication Equipment industry average of 3.95%.

You can research ASTS's earnings and revenue performance here.

What are ASTS executives and large shareholders up to?

In the last 12 months, insiders at ASTS have sold more shares than they have bought.

Brian Heller, EVP GC Secretary of ASTS, was the latest ASTS insider to sell. They sold $89,581.06 worth of ASTS shares on Mar 15, 2024.

Research more about who owns ASTS shares here.

Does ASTS provide a stable income stream?

No, Ast Spacemobile doesn't provide an income stream by paying out dividends.

ASTS Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your ASTS trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, place a limit order.

Click the Open Trade button and your broker will execute your order.

If you want more assistance buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get key alerts regarding your ASTS investment

Now that you own some ASTS shares, you'll want to keep up with your shares.

Create a watchlist to get alerted to the latest events about your ASTS stock.

ASTS Feed

How to Buy Stock in Ast Spacemobile

To reiterate, here are the 6 steps to buy stock in Ast Spacemobile:

  1. Decide where to buy Ast Spacemobile stock
  2. Open your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Ast Spacemobile stock
  5. Execute your ASTS trade
  6. Get key alerts regarding your ASTS investment

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Ast Spacemobile, get started below.

NASDAQ: ASTS
$2.15-0.01 (-0.46%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: ASTS
$2.15-0.01 (-0.46%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ast Spacemobile share?

As of Apr 23, 2024, it costs $2.15 to buy one share of Ast Spacemobile stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.465 shares of ASTS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ast Spacemobile stock?

According to 3 Wall Street analysts who monitor Ast Spacemobile, their consensus recommendation is to buy Ast Spacemobile stock.

What is the best way to buy Ast Spacemobile stock?

One way to place an order for Ast Spacemobile stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.