In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of EchoStar Corp (NASDAQ: SATS) was $18.94 for the day, up 6.17% from the previous closing price of $17.84. In other words, the price has increased by $6.17 from its previous closing price. On the day, 1.19 million shares were traded. SATS stock price reached its highest trading level at $18.97 during the session, while it also had its lowest trading level at $17.91.
Ratios:
Our analysis of SATS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 5144369664 and an Enterprise Value of 29726724096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 1.786 whereas that against EBITDA is 19.292.
Stock Price History:
The Beta on a monthly basis for SATS is 0.72, which has changed by 0.012834191 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. 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 7.03%, while the 200-Day Moving Average is calculated to be 29.06%.
Shares Statistics:
SATS traded an average of 1.28M shares per day over the past three months and 838700 shares per day over the past ten days. A total of 140.15M shares are outstanding, with a floating share count of 119.73M. Insiders hold about 55.90% of the company’s shares, while institutions hold 41.55% stake in the company. Shares short for SATS as of 1718323200 were 15162545 with a Short Ratio of 11.88, compared to 1715731200 on 16323238. Therefore, it implies a Short% of Shares Outstanding of 15162545 and a Short% of Float of 14.050001000000002.
