How have the shares performed?
AirNet Technology Inc. (ANTE) saw an uptrend of 11.33% in the recent trading with $3.34 being its most recent. The current price level -51.87% lower than the highest price of $6.94 marked by the stock while trading over the past 52-weeks, whereas it is 433.21% higher than the lowest price of $0.63 the company dropped to over past 52-weeks. The latest news story on ANTE appeared in GlobeNewswire under the title “ECMOHO Limited Announces the Appointment of Chief Financial Officer” on May-13-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -10.46% below one month high and is +50.45% above of the lowest during that time. Looking into the simple moving average, AirNet Technology Inc. (ANTE)’s stock stands at a SMA-50 of $3.25 while that of 5-day is reading $3.02.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ANTE’s SMA-200 as of now is $2.11.
AirNet Technology Inc. Earnings – What Happened With ANTE
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $12.14 billion.
ANTE – AirNet Technology Inc. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 12.59 million. ANTE does have institutional investors; and they hold 3.30% of the stock.
AirNet Technology Inc. – Insider Activity and Holdings
As on Dec 31, 2020, Morgan Stanley was the top most holder in AirNet Technology Inc. (NASDAQ:ANTE) with an ownership of 0.43 million shares of the company or 2.39% of the stake worth $0.93 million. The filing also reveals Susquehanna International Group, LLP as the second largest holder in the company with a control over 0.60% of the outstanding shares. Its stake is worth $0.37 million for having 0.11 million shares in hand.
HRT Financial LLC also came holding a key position in the company during the recent quarter and it now holds 0.31% of the outstanding shares. With this there are now 12 institutions which have possession in ANTE’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by AirNet Technology Inc. was 0.34 while posting a debt to equity ratio of 0.26. The count was 15.25 for long-term debt to equity ratio.
AirNet Technology Inc.’s return on equity, or ROE, is 26.20%, compared to the industry average of 6.16% for Communication Services – Advertising Agencies. Although this indicates that ANTE uses its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of AirNet Technology Inc. (NASDAQ:ANTE) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for AirNet Technology Inc. (ANTE), we notice that the stock’s 20-day average volume is at 153,555 shares. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 856,008 shares. And to end, ANTE’s 100-day average volume is 1,545,869 shares with 100% of the long-term indicators pointing towards Buy for the stock.