EchoStar Corp (NASDAQ: SATS) kicked off on Friday, up 3.64% from the previous trading day, before settling in for the closing price of $21.99. Over the past 52 weeks, SATS has traded in a range of $9.53-$30.08.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 168.40%. While this was happening, its average annual earnings per share was recorded 68.62%. With a float of $120.37 million, this company’s outstanding shares have now reached $140.15 million.
Considering the fact that the conglomerate employs 15300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 20.54%, operating margin of 0.12%, and the pretax margin is -9.15%.
EchoStar Corp (SATS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of EchoStar Corp is 55.81%, while institutional ownership is 42.03%. The most recent insider transaction that took place on Nov 12 ’24, was worth 43,499,994. In this transaction CHAIRMAN of this company bought 1,551,355 shares at a rate of $28.04, taking the stock ownership to the 1,551,355 shares. Before that another transaction happened on Mar 08 ’24, when Company’s Director bought 110,000 for $13.48, making the entire transaction worth $1,482,800. This insider now owns 306,951 shares in total.
EchoStar Corp (SATS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 68.62% per share during the next fiscal year.
EchoStar Corp (NASDAQ: SATS) Trading Performance Indicators
Take a look at EchoStar Corp’s (SATS) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.48, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -2.93 in one year’s time.
Technical Analysis of EchoStar Corp (SATS)
Compared to the last year’s volume of 1.8 million, its volume of 3.33 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.82%. Additionally, its Average True Range was 1.40.
During the past 100 days, EchoStar Corp’s (SATS) raw stochastic average was set at 52.33%, which indicates a significant increase from 27.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.99% in the past 14 days, which was higher than the 72.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.79, while its 200-day Moving Average is $18.60. Nevertheless, the first resistance level for the watch stands at $23.44 in the near term. At $24.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.61. If the price goes on to break the first support level at $22.27, it is likely to go to the next support level at $21.76. Should the price break the second support level, the third support level stands at $21.10.
EchoStar Corp (NASDAQ: SATS) Key Stats
The company with the Market Capitalisation of 6.42 billion has total of 271,681K Shares Outstanding. Its annual sales at the moment are 17,016 M in contrast with the sum of -1,702 M annual income. Company’s last quarter sales were recorded 3,953 M and last quarter income was -205,590 K.
