Viasat, Inc. (VSAT) with a beta value of 1.31 appears to be a promising investment opportunity.

Viasat, Inc. (NASDAQ: VSAT) on Tuesday, plunged -3.28% from the previous trading day, before settling in for the closing price of $16.45. Within the past 52 weeks, VSAT’s price has moved between $15.02 and $47.35.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 5.56%. The company achieved an average annual earnings per share of -73483.23%. With a float of $97.95 million, this company’s outstanding shares have now reached $125.32 million.

Considering the fact that the conglomerate employs 6800 people, you should pay attention to its efficiency factor.

Viasat, Inc. (VSAT) Breakdown of a Key Holders of the stock

Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Viasat, Inc. is 21.84%, while institutional ownership is 76.65%. The most recent insider transaction that took place on Jan 05 ’24, was worth 4,024. In this transaction Pres. Global Space Networks of this company sold 150 shares at a rate of $26.83, taking the stock ownership to the 13,248 shares. Before that another transaction happened on Dec 06 ’23, when Company’s Pres. Global Space Networks sold 150 for $22.53, making the entire transaction worth $3,380. This insider now owns 13,398 shares in total.

Viasat, Inc. (VSAT) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -73483.23% per share during the next fiscal year.

Viasat, Inc. (NASDAQ: VSAT) Trading Performance Indicators

Viasat, Inc. (VSAT) is currently performing well based on its current performance indicators. A quick ratio of 2.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -14.03, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.79 in one year’s time.

Technical Analysis of Viasat, Inc. (VSAT)

Compared to the last year’s volume of 1.12 million, its volume of 1.13 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 57.60%. Additionally, its Average True Range was 0.90.

During the past 100 days, Viasat, Inc.’s (VSAT) raw stochastic average was set at 6.32%, which indicates a significant decrease from 37.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.66% in the past 14 days, which was lower than the 64.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.51, while its 200-day Moving Average is $22.01. Nevertheless, the first resistance level for the watch stands at $16.31 in the near term. At $16.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.98. If the price goes on to break the first support level at $15.64, it is likely to go to the next support level at $15.38. Now, if the price goes above the second support level, the third support stands at $14.98.

Viasat, Inc. (NASDAQ: VSAT) Key Stats

Market capitalization of the company is 1.99 billion based on 125,320K outstanding shares. Right now, sales total 2,556 M and income totals 1,085 M. The company made 1,129 M in profit during its latest quarter, and -124,400 K in sales during its previous quarter.