Market Momentum Report: EchoStar Corp (SATS)’s Negative Close at 23.85

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of EchoStar Corp (NASDAQ: SATS) closed at $23.85 in the last session, down -1.65% from day before closing price of $24.25. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 2.05 million shares were traded.

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 1.31 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.43.

JP Morgan Downgraded its Neutral to Underweight on August 12, 2024, while the target price for the stock was maintained at $12.

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 06 ’25 when Manson Dean sold 5,000 shares for $30.05 per share. The transaction valued at 150,250 led to the insider holds 2,332 shares of the business.

Manson Dean bought 5,000 shares of SATS for $150,250 on Mar 06 ’25. On Feb 28 ’25, another insider, Messner Timothy A., who serves as the Officer of the company, bought 24,331 shares for $31.01 each.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.34.

Stock Price History:

Over the past 52 weeks, SATS has reached a high of $32.48, while it has fallen to a 52-week low of $14.40. The 50-Day Moving Average of the stock is -4.27%, while the 200-Day Moving Average is calculated to be -1.08%.

Shares Statistics:

A total of 155.05M shares are outstanding, with a floating share count of 133.91M. Insiders hold about 53.27% of the company’s shares, while institutions hold 48.65% stake in the company.

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