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The price of EchoStar Corp (NASDAQ: SATS) closed at $25.79 in the last session, up 2.50% from day before closing price of $25.16. In other words, the price has increased by $2.50 from its previous closing price. On the day, 1.69 million shares were traded. SATS stock price reached its highest trading level at $26.005 during the session, while it also had its lowest trading level at $24.95.
Ratios:
We take a closer look at SATS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.17.
On August 12, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $12.
On January 17, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $18.JP Morgan initiated its Neutral rating on January 17, 2024, with a $18 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when DEFRANCO JAMES bought 110,000 shares for $13.48 per share. The transaction valued at 1,482,800 led to the insider holds 306,951 shares of the business.
DEFRANCO JAMES bought 70,000 shares of SATS for $919,800 on Mar 06 ’24. The Director now owns 176,951 shares after completing the transaction at $13.14 per share. On Mar 07 ’24, another insider, DEFRANCO JAMES, who serves as the Director of the company, bought 20,000 shares for $13.44 each. As a result, the insider paid 268,800 and bolstered with 196,951 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SATS now has a Market Capitalization of 7006652928 and an Enterprise Value of 31883909120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 1.963 whereas that against EBITDA is 22.837.
Stock Price History:
Over the past 52 weeks, SATS has reached a high of $30.08, while it has fallen to a 52-week low of $9.53. The 50-Day Moving Average of the stock is 17.22%, while the 200-Day Moving Average is calculated to be 47.71%.
Shares Statistics:
According to the various share statistics, SATS traded on average about 1.59M shares per day over the past 3-months and 1800250 shares per day over the past 10 days. A total of 140.15M shares are outstanding, with a floating share count of 119.99M. Insiders hold about 55.84% of the company’s shares, while institutions hold 42.67% stake in the company. Shares short for SATS as of 1727654400 were 11497371 with a Short Ratio of 7.25, compared to 1724976000 on 13768246. Therefore, it implies a Short% of Shares Outstanding of 11497371 and a Short% of Float of 10.6400006.
