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As of close of business last night, EchoStar Corp’s stock clocked out at $20.08, up 2.24% from its previous closing price of $19.64. In other words, the price has increased by $2.24 from its previous closing price. On the day, 1.02 million shares were traded. SATS stock price reached its highest trading level at $20.53 during the session, while it also had its lowest trading level at $19.46.
Ratios:
To gain a deeper understanding of SATS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on January 17, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On August 07, 2023, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $28.
Raymond James Downgraded its Strong Buy to Outperform on November 04, 2022, whereas the target price for the stock was revised from $57 to $27.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 20,000 shares of SATS for $268,800 on Mar 07 ’24. The Director now owns 196,951 shares after completing the transaction at $13.44 per share. On Mar 06 ’24, another insider, DEFRANCO JAMES, who serves as the Director of the company, bought 70,000 shares for $13.14 each. As a result, the insider paid 919,800 and bolstered with 176,951 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 5455113216 and an Enterprise Value of 29916790784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at 1.798 whereas that against EBITDA is 19.415.
Stock Price History:
Over the past 52 weeks, SATS has reached a high of $24.80, while it has fallen to a 52-week low of $9.53. The 50-Day Moving Average of the stock is 7.95%, while the 200-Day Moving Average is calculated to be 34.26%.
Shares Statistics:
It appears that SATS traded 1.21M shares on average per day over the past three months and 928390 shares per day over the past ten days. A total of 140.15M shares are outstanding, with a floating share count of 119.81M. Insiders hold about 55.88% of the company’s shares, while institutions hold 41.52% stake in the company. Shares short for SATS as of 1721001600 were 15119690 with a Short Ratio of 12.53, compared to 1718323200 on 15162545. Therefore, it implies a Short% of Shares Outstanding of 15119690 and a Short% of Float of 13.99.
