Gilat Satellite Networks (NASDAQ: GILT) kicked off on Friday, up 1.37% from the previous trading day, before settling in for the closing price of $6.58. Over the past 52 weeks, GILT has traded in a range of $4.04-$6.82.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 3.74%. While this was happening, its average annual earnings per share was recorded 29.29%. With a float of $55.80 million, this company’s outstanding shares have now reached $57.02 million.
Considering the fact that the conglomerate employs 1183 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 36.72%, operating margin of 5.96%, and the pretax margin is 6.75%.
Gilat Satellite Networks (GILT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Gilat Satellite Networks is 2.14%, while institutional ownership is 39.64%.
Gilat Satellite Networks (GILT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.70% during the next five years compared to 4.36% growth over the previous five years of trading.
Gilat Satellite Networks (NASDAQ: GILT) Trading Performance Indicators
Take a look at Gilat Satellite Networks’s (GILT) current performance indicators. Last quarter, stock had a quick ratio of 1.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 20.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of Gilat Satellite Networks (GILT)
Compared to the last year’s volume of 0.41 million, its volume of 0.4 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.23%. Additionally, its Average True Range was 0.24.
During the past 100 days, Gilat Satellite Networks’s (GILT) raw stochastic average was set at 93.88%, which indicates a significant increase from 85.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.18% in the past 14 days, which was higher than the 42.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.87, while its 200-day Moving Average is $5.19. Nevertheless, the first resistance level for the watch stands at $6.76 in the near term. At $6.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.98. If the price goes on to break the first support level at $6.54, it is likely to go to the next support level at $6.41. Now, if the price goes above the second support level, the third support stands at $6.32.
Gilat Satellite Networks (NASDAQ: GILT) Key Stats
The company with the Market Capitalisation of 380.30 million has total of 57,017K Shares Outstanding. Its annual sales at the moment are 266,090 K in contrast with the sum of 23,500 K annual income. Company’s last quarter sales were recorded 74,610 K and last quarter income was 6,820 K.
