Trading Day Triumph: Viasat, Inc. (VSAT) Ends at 12.80, a 0.23 Surge/Plunge

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Viasat, Inc. (NASDAQ: VSAT) closed the day trading at $12.80 up 0.23% from the previous closing price of $12.77. In other words, the price has increased by $0.23 from its previous closing price. On the day, 1.78 million shares were traded. VSAT stock price reached its highest trading level at $12.856 during the session, while it also had its lowest trading level at $12.4.

Ratios:

For a better understanding of VSAT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.78 and its Current Ratio is at 3.08. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 1.49.

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 the company, JP Morgan on September 17, 2024, Downgraded its rating to Neutral and sets its target price to $15 from $29 previously.

On October 17, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $35 to $30.

On October 17, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $22.Deutsche Bank initiated its Hold rating on October 17, 2023, with a $22 target price.

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 Sep 12 ’24 when BALDRIDGE RICHARD A bought 55,000 shares for $14.91 per share. The transaction valued at 820,000 led to the insider holds 55,000 shares of the business.

CPP Investment Board Private H sold 2,811,442 shares of VSAT for $55,947,696 on Aug 12 ’24. The now owns 8,545,334 shares after completing the transaction at $19.90 per share. On Aug 12 ’24, another insider, ONTARIO TEACHERS PENSION PLAN , who serves as the of the company, sold 2,811,442 shares for $19.90 each. As a result, the insider received 55,947,696 and left with 8,545,334 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, VSAT now has a Market Capitalization of 1635571200 and an Enterprise Value of 7508035584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 1.621 whereas that against EBITDA is 12.771.

Stock Price History:

Over the past 52 weeks, VSAT has reached a high of $29.11, while it has fallen to a 52-week low of $11.76. The 50-Day Moving Average of the stock is -24.08%, while the 200-Day Moving Average is calculated to be -30.84%.

Shares Statistics:

Over the past 3-months, VSAT traded about 2.53M shares per day on average, while over the past 10 days, VSAT traded about 3295580 shares per day. A total of 125.85M shares are outstanding, with a floating share count of 106.38M. Insiders hold about 16.75% of the company’s shares, while institutions hold 78.39% stake in the company. Shares short for VSAT as of 1724976000 were 14067156 with a Short Ratio of 5.57, compared to 1722384000 on 16579536. Therefore, it implies a Short% of Shares Outstanding of 14067156 and a Short% of Float of 15.14.

Most Popular