Market Recap Check: SatixFy Communications Ltd (SATX)’s Negative Finish at 2.87, Up/Down -0.69

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The price of SatixFy Communications Ltd (AMEX: SATX) closed at $2.87 in the last session, down -0.69% from day before closing price of $2.89. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 1.17 million shares were traded.

Ratios:

We take a closer look at SATX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.17.

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 Dec 30 ’24 when Rainish Doron bought 50,000 shares for $1.23 per share.

Rainish Doron bought 50,000 shares of SATX for $46,000 on Nov 05 ’24.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 10.52.

Stock Price History:

Over the past 52 weeks, SATX has reached a high of $2.97, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 23.11%, while the 200-Day Moving Average is calculated to be 110.46%.

Shares Statistics:

A total of 86.85M shares are outstanding, with a floating share count of 32.58M. Insiders hold about 62.40% of the company’s shares, while institutions hold 7.21% stake in the company.

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