Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, EchoStar Corp (NASDAQ: SATS) closed at $27.47 up 2.12% from its previous closing price of $26.90. In other words, the price has increased by $2.12 from its previous closing price. On the day, 1.15 million shares were traded. SATS stock price reached its highest trading level at $27.9 during the session, while it also had its lowest trading level at $26.89.
Ratios:
For a deeper understanding of EchoStar Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.27.
JP Morgan Downgraded its Neutral to Underweight on August 12, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 12 ’24 when ERGEN CHARLES W bought 1,551,355 shares for $28.04 per share. The transaction valued at 43,499,994 led to the insider holds 1,551,355 shares of the business.
DEFRANCO JAMES bought 110,000 shares of SATS for $1,482,800 on Mar 08 ’24. The Director now owns 306,951 shares after completing the transaction at $13.48 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 7859331072 and an Enterprise Value of 34385969152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 2.146 whereas that against EBITDA is 25.529.
Stock Price History:
The Beta on a monthly basis for SATS is 0.72, which has changed by 1.0059657 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, SATS has reached a high of $30.08, while it has fallen to a 52-week low of $11.83. The 50-Day Moving Average of the stock is 13.30%, while the 200-Day Moving Average is calculated to be 29.35%.
Shares Statistics:
For the past three months, SATS has traded an average of 1.80M shares per day and 2238080 over the past ten days. A total of 140.48M shares are outstanding, with a floating share count of 118.75M. Insiders hold about 56.32% of the company’s shares, while institutions hold 43.09% stake in the company. Shares short for SATS as of 1736899200 were 16951486 with a Short Ratio of 9.44, compared to 1734048000 on 14733808. Therefore, it implies a Short% of Shares Outstanding of 16951486 and a Short% of Float of 13.84.
