Analysts who follow Astra Space Inc (ASTR) on average expect it to increase 73.92% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns ASTR an Analyst Ranking of 2, which means it ranks higher than 2 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating ASTR a Hold today. Find out what this means to you and get the rest of the rankings on ASTR!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Astra Space Inc Stock Today?
Astra Space Inc (ASTR) stock is higher by 0.64% while the S&P 500 is down -0.18% as of 11:09 AM on Monday, Nov 27. ASTR has risen $0.01 from the previous closing price of $1.57 on volume of 187,645 shares. Over the past year the S&P 500 has risen 14.81% while ASTR is down -78.65%. ASTR lost -$7.37 per share the over the last 12 months.
Click Here to get the full Stock Report for Astra Space Inc stock.
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