On Friday, EchoStar Corp (NASDAQ: SATS) opened lower -2.84% from the last session, before settling in for the closing price of $23.57. Price fluctuations for SATS have ranged from $10.18 to $30.08 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted 68.35% at the time writing. With a float of $118.81 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of EchoStar Corp is 56.29%, while institutional ownership is 41.40%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -6.8 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.03) by -6.83. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 68.35% per share during the next fiscal year.
EchoStar Corp (NASDAQ: SATS) Trading Performance Indicators
Check out the current performance indicators for EchoStar Corp (SATS). In the past quarter, the stock posted a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.48, a number that is poised to hit -0.63 in the next quarter and is forecasted to reach -3.11 in one year’s time.
Technical Analysis of EchoStar Corp (SATS)
Compared to the last year’s volume of 1.81 million, its volume of 2.15 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.22%. Additionally, its Average True Range was 1.50.
During the past 100 days, EchoStar Corp’s (SATS) raw stochastic average was set at 53.05%, which indicates a significant increase from 31.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.43% in the past 14 days, which was higher than the 72.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.92, while its 200-day Moving Average is $18.86. Nevertheless, the first resistance level for the watch stands at $23.82 in the near term. At $24.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.19. If the price goes on to break the first support level at $21.45, it is likely to go to the next support level at $19.99. Now, if the price goes above the second support level, the third support stands at $19.08.
EchoStar Corp (NASDAQ: SATS) Key Stats
There are currently 271,841K shares outstanding in the company with a market cap of 6.05 billion. Presently, the company’s annual sales total 17,016 M according to its annual income of -1,702 M. Last quarter, the company’s sales amounted to 3,891 M and its income totaled -141,810 K.
