Astra Space Inc. (NASDAQ:ASTR) saw an upside of 7.20% to $8.04 after adding $0.54 on Tuesday. The 5-day average trading volume is 2,363,892 shares of the company’s common stock. It has gained $8.27 in the past week. An average of 2,882,783 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,645,869.
ASTR’s 1-month performance is -22.60% or -$1.60 on its low of $7.34 reached on 10/06/21. The company’s shares have touched a 52-week low of $7.34 and high of $22.47, with the stock’s rally to the 52-week high happening on 02/18/21. YTD, ASTR has lost -25.82% or -$2.02. However, the current price is down -64.22%% from the 52-week high price.
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Astra Space Inc. (ASTR) has a trailing price-to-earnings (P/E) ratio of 18.50 for the broader industry and 28.58 for the sector.ASTR stock has a beta of 0.00. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 0.84.
Net income and sales went up compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$29.9 million. ASTR stock balance sheet for the recent quarter shows that total liabilities totaled 84.79 million, with total debt at $14.18 million. Shareholders hold equity totaling $257.12 million
Let’s look briefly at Astra Space Inc. (ASTR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 44.28% to suggest the stock is trending Neutral, with historical volatility in this time period at 67.73%.
The stock’s 5-day moving average is $7.76, reflecting a +7.44% or $0.56 change from its current price. ASTR is currently trading -12.92% above its 20-day SMA, -19.18% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -4.82% and -20.53% respectively.
Stochastic %K and %D was 20.28% and 17.57% and the average true range (ATR) pointed at 0.55. The RSI (14) points at 42.54%, while the 14-day stochastic is at 32.60% with the period’s ATR at 0.59. The stock’s 9-day MACD Oscillator is pointing at -0.11 and -0.53 on the 14-day charts.
In the most recent analyst report for Astra Space Inc. (NASDAQ: ASTR), BofA Securities launched coverage with an Underperform rating. Analysts offering their rating for ASTR stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate ASTR as a “sell,”, while 0 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is ASTR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $9.00 and a high of $13.00, with their median price target at $11.00. Looking at these predictions, the average price target given by analysts is for Astra Space Inc. (ASTR) stock is $11.00.