The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of EchoStar Corp (NASDAQ: SATS) closed at $25.54 in the last session, up 4.33% from day before closing price of $24.48. In other words, the price has increased by $4.33 from its previous closing price. On the day, 1.6 million shares were traded. SATS stock price reached its highest trading level at $25.68 during the session, while it also had its lowest trading level at $24.29.
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 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:
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 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 7307147264 and an Enterprise Value of 34016268288. 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 0.36. Its current Enterprise Value per Revenue stands at 2.123 whereas that against EBITDA is 25.255.
Stock Price History:
The Beta on a monthly basis for SATS is 0.70, which has changed by 0.66059816 over the last 52 weeks, in comparison to a change of 0.22677135 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 7.68%, while the 200-Day Moving Average is calculated to be 23.87%.
Shares Statistics:
According to the various share statistics, SATS traded on average about 1.61M shares per day over the past 3-months and 1613420 shares per day over the past 10 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 43.07% stake in the company. Shares short for SATS as of 1735603200 were 15642556 with a Short Ratio of 9.70, compared to 1732838400 on 13565734. Therefore, it implies a Short% of Shares Outstanding of 15642556 and a Short% of Float of 12.770000000000001.
