For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Telesat Corp’s stock clocked out at $26.1, up 1.64% from its previous closing price of $25.68. In other words, the price has increased by $1.64 from its previous closing price. On the day, 0.11 million shares were traded. TSAT stock price reached its highest trading level at $26.13 during the session, while it also had its lowest trading level at $25.39.
Ratios:
To gain a deeper understanding of TSAT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.63 and its Current Ratio is at 5.63. In the meantime, Its Debt-to-Equity ratio is 4.73 whereas as Long-Term Debt/Eq ratio is at 4.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Deutsche Bank on April 30, 2024, initiated with a Hold rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSAT now has a Market Capitalization of 1318146560 and an Enterprise Value of 4681464320. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 8.74 whereas that against EBITDA is 14.725.
Stock Price History:
The Beta on a monthly basis for TSAT is 2.16, which has changed by 2.1257484 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, TSAT has reached a high of $26.07, while it has fallen to a 52-week low of $7.21. The 50-Day Moving Average of the stock is 43.88%, while the 200-Day Moving Average is calculated to be 56.72%.
Shares Statistics:
It appears that TSAT traded 103.28K shares on average per day over the past three months and 227160 shares per day over the past ten days. A total of 14.36M shares are outstanding, with a floating share count of 13.45M. Insiders hold about 9.10% of the company’s shares, while institutions hold 56.82% stake in the company. Shares short for TSAT as of 1749772800 were 596115 with a Short Ratio of 5.77, compared to 1747267200 on 372311. Therefore, it implies a Short% of Shares Outstanding of 596115 and a Short% of Float of 4.33.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
