Bringing Fundamentals and Technicals Together at Astra Space Inc.

Astra Space Inc (NASDAQ: ASTR) was up by 0.13% over the last five trading sessions compared to its recent 1-year high price of $6.00. It is worth noting that the stock price of the company has increased by 7.11% in the last five trading sessions. Astra Space Stock Plunges on 06/13/22, according to Trade Algo. There is a failure to launch problem with it.

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Could Astra Space Inc. (NASDAQ: ASTR) be a good investment today?

There is an average price from analysts of $0.65 for the stock. As of today, ASTR has a public float of 200.03M shares, and the ratio of short positions to those of public float is 11.25 percent. During today's trading session, there were 2.21 million shares of ASTR traded on average on the exchange.

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ASTR’s Market Performance.

The stocks of ASTR went up by 7.11% for the week, with its monthly performance jumping by 51.91% and its quarterly performance rising by 17.86%, while its annual performance rate touched -87.22% for the week. As of today, Astra Space Inc.'s volatility ratio for the week stands at 10.53 %, while the volatility levels for the past 30 days are set at 9.15%. ASTR stocks have a simple moving average for the period of the last 20 days of 13.33%. ASTR stocks have a simple moving average for the period of the last 200 days of -42.57%.

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Analysts’ Opinion of ASTR

Several brokerage firms have already submitted their reports for ASTR stocks, and Deutsche Bank has again reiterated the recommendation for the stock by listing it as a “Hold.” ASTR is expected to trade for $1 in the coming period, according to Deutsche Bank's research report published on February 02nd, 2023.

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ASTR is expected to reach a price target of $4 in BofA Securities' research note, on the other hand, which states that there is a probability that it will reach a price target of $4. Based on the report that was published on February 11th, 2022, it appears that the ratings they have provided for ASTR stocks are "Underperform".

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During a report published on January 19th of the previous year, BofA Securities gave an overall rating of "Neutral" to ASTR, setting the target price at $7.

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ASTR Trading at 31.78% from the 50-Day Moving Average

Despite falling to its 52-week low price after a stumble in the market, ASTR failed to rebound, for now settling with a -88.65% loss for the period.

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Over the last 30 days, volatility was left at 9.15%, however, it has increased by 10.53% compared to the previous 30 days, as shares surged +50.03% for the moving average over the last 20 days, resulting in a total volatility rate of 10.53%. At the moment, the stock has traded +33.11% higher over the past 50 days.

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The price of ASTR rose by +7.11% over the last 5 trading sessions, which resulted in the change in the moving average for the period of 200-days, which settled at $0.6122, falling by -79.97% from the 20-day moving average, which settled at $0.6122. Astra Space Inc. has also seen a 56.98% overturn over a one-year period, with a tendency to reduce further gains in the future.

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Insider Trading

In the past several days, there have been several reports indicating that insider trading has occurred at ASTR, beginning with KEMP CHRIS' purchase of 250,000 shares for $0.47 on Dec 16. The latest closing price of Astra Space Inc. on the closing day gives KEMP CHRIS a value of $118,075 on its ownership of 1,086,980 shares of the company.

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Based on the most recent closing price of Astra Space Inc., CEO KEMP CHRIS purchased 100,000 shares at $1.25 during a trade that took place back on August 19, which means that KEMP CHRIS now holds 87,082 shares at $124,960, which is equivalent to 857,082 shares at $124,960 based on the most recent closing price of Astra Space Inc.

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Stock Fundamentals for ASTR

With the equity return at -137.40, and the asset return at -108.60, the equity return now stands at -137.40.