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Examining the Potential Price Growth of AST SpaceMobile Inc (ASTS)

AST SpaceMobile Inc’s recent filing unveils that its President Wisniewski Scott unloaded Company’s shares for reported $1.02 million on Mar 17 ’25. In the deal valued at $28.35 per share,35,871 shares were sold. As a result of this transaction, Wisniewski Scott now holds 653,146 shares worth roughly $17.15 million.

Then, Gupta Shanti B. sold 24,425 shares, generating $683,900 in total proceeds. Upon selling the shares at $28.00, the Chief Operating Officer now owns 368,807 shares.

Before that, Wisniewski Scott bought 35,871 shares. AST SpaceMobile Inc shares valued at $1,017,101 were divested by the Officer at a price of $28.35 per share.

Cantor Fitzgerald initiated its AST SpaceMobile Inc [ASTS] rating to an Overweight in a research note published on February 06, 2025; the price target was $30. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Scotiabank began covering ASTS with “Sector outperform” recommendation on March 06, 2024. B. Riley Securities started covering the stock on October 28, 2022. It rated ASTS as “a Buy”.

Price Performance Review of ASTS

On Tuesday, AST SpaceMobile Inc [NASDAQ:ASTS] saw its stock fall -6.32% to $26.25. Over the last five days, the stock has lost -8.41%. AST SpaceMobile Inc shares have risen nearly 24.41% since the year began. Nevertheless, the stocks have risen 763.49% over the past one year. While a 52-week high of $39.08 was reached on 03/06/25, a 52-week low of $1.97 was recorded on 01/29/25. SMA at 50 days reached $25.59, while 200 days put it at $22.58.

Levels Of Support And Resistance For ASTS Stock

The 24-hour chart illustrates a support level at 25.71, which if violated will result in even more drops to 25.16. On the upside, there is a resistance level at 27.29. A further resistance level may holdings at 28.32. The Relative Strength Index (RSI) on the 14-day chart is 46.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.92%. Stochastics %K at 27.19% indicates the stock is a holding.

How much short interest is there in AST SpaceMobile Inc?

A steep rise in short interest was recorded in AST SpaceMobile Inc stocks on 2025-02-28, growing by 2.54 million shares to a total of 45.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 42.74 million shares. There was a rise of 5.6%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 12, 2021 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $29 price target.

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