On Tuesday, EchoStar Corp (NASDAQ: SATS) opened lower -0.51% from the last session, before settling in for the closing price of $27.55. Price fluctuations for SATS have ranged from $11.83 to $30.08 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 208.75%. Company’s average yearly earnings per share was noted 67.26% at the time writing. With a float of $118.75 million, this company’s outstanding shares have now reached $140.48 million.
The extent of productivity of a business whose workforce counts for 15300 workers is very important to gauge. 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 and Institutional Ownership
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 56.32%, while institutional ownership is 43.13%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 67.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -71.75% drop over the previous five years of trading.
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 0.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.48, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -3.15 in one year’s time.
Technical Analysis of EchoStar Corp (SATS)
The latest stats from [EchoStar Corp, SATS] show that its last 5-days average volume of 1.34 million was inferior to 1.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 49.52%. Additionally, its Average True Range was 0.98.
During the past 100 days, EchoStar Corp’s (SATS) raw stochastic average was set at 70.90%, which indicates a significant decrease from 74.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.29% in the past 14 days, which was lower than the 53.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.48, while its 200-day Moving Average is $21.44. Now, the first resistance to watch is $28.01. This is followed by the second major resistance level at $28.61. The third major resistance level sits at $28.98. If the price goes on to break the first support level at $27.04, it is likely to go to the next support level at $26.67. The third support level lies at $26.07 if the price breaches the second support level.
EchoStar Corp (NASDAQ: SATS) Key Stats
There are currently 271,841K shares outstanding in the company with a market cap of 7.45 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.