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EchoStar Corp (NASDAQ: SATS) closed the day trading at $19.34 up 0.78% from the previous closing price of $19.19. In other words, the price has increased by $0.78 from its previous closing price. On the day, 1.02 million shares were traded. SATS stock price reached its highest trading level at $19.47 during the session, while it also had its lowest trading level at $18.74.
Ratios:
For a better understanding of SATS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.44. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.16.
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, JP Morgan on January 17, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On August 07, 2023, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $28.
Raymond James Downgraded its Strong Buy to Outperform on November 04, 2022, whereas the target price for the stock was revised from $57 to $27.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 20,000 shares of SATS for $268,800 on Mar 07 ’24. The Director now owns 196,951 shares after completing the transaction at $13.44 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 5251525632 and an Enterprise Value of 29494075392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 1.772 whereas that against EBITDA is 19.141.
Stock Price History:
Over the past 52 weeks, SATS has reached a high of $24.80, while it has fallen to a 52-week low of $9.53. The 50-Day Moving Average of the stock is 22.62%, while the 200-Day Moving Average is calculated to be 31.65%.
Shares Statistics:
Over the past 3-months, SATS traded about 1.56M shares per day on average, while over the past 10 days, SATS traded about 1292470 shares per day. A total of 140.15M shares are outstanding, with a floating share count of 119.73M. Insiders hold about 55.90% of the company’s shares, while institutions hold 41.68% stake in the company. Shares short for SATS as of 1715731200 were 16323238 with a Short Ratio of 10.49, compared to 1713139200 on 15116539. Therefore, it implies a Short% of Shares Outstanding of 16323238 and a Short% of Float of 15.120000000000001.
