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As of close of business last night, EchoStar Corp’s stock clocked out at $25.91, down -2.00% from its previous closing price of $26.44. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 1.44 million shares were traded. SATS stock price reached its highest trading level at $27.14 during the session, while it also had its lowest trading level at $25.39.
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 0.32 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.17.
On January 17, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $18.
Raymond James Upgraded its Outperform to Strong Buy on August 07, 2023, while the target price for the stock was maintained at $28.
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 70,000 shares of SATS for $919,800 on Mar 06 ’24. The Director now owns 176,951 shares after completing the transaction at $13.14 per share. On Mar 07 ’24, another insider, DEFRANCO JAMES, who serves as the Director of the company, bought 20,000 shares for $13.44 each. As a result, the insider paid 268,800 and bolstered with 196,951 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 7183237120 and an Enterprise Value of 31916511232. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 1.965 whereas that against EBITDA is 22.861.
Stock Price History:
Over the past 52 weeks, SATS has reached a high of $27.05, while it has fallen to a 52-week low of $9.53. The 50-Day Moving Average of the stock is 32.70%, while the 200-Day Moving Average is calculated to be 60.36%.
Shares Statistics:
It appears that SATS traded 1.25M shares on average per day over the past three months and 2035160 shares per day over the past ten days. A total of 140.15M shares are outstanding, with a floating share count of 119.99M. Insiders hold about 55.84% of the company’s shares, while institutions hold 42.65% stake in the company. Shares short for SATS as of 1724976000 were 13768246 with a Short Ratio of 11.04, compared to 1722384000 on 14529320. Therefore, it implies a Short% of Shares Outstanding of 13768246 and a Short% of Float of 12.740000000000002.
