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Ast Spacemobile Earns IBD Rating Upgrade

On Friday, Ast Spacemobile (ASTS) received a positive adjustment to its Relative Strength (RS) Rating, from 66 to 71.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock’s price movement over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the best-performing stocks often have an 80 or higher RS Rating in the early stages of their moves. See if Ast Spacemobile can continue to rebound and hit that benchmark.


Looking For The Best Stocks To Buy And Watch? Start Here


Ast Spacemobile is trying to complete a consolidation with a 13.31 buy point. See if it can break out in volume at least 40% above average.

Earnings growth picked up last quarter from 0% to 163%. But sales fell from 593% to 17%.

Ast Spacemobile holds the No. 11 rank among its peers in the Telecom Services-Cable/Satellite industry group. Calix (CALX) and Liberty Global (LBTYA) are also among the group’s highest-rated stocks.

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