As on Wednesday, Iridium Communications Inc (NASDAQ: IRDM) got off with the flyer as it spiked 0.04% to $24.13, before settling in for the price of $24.12 at the close. Taking a more long-term approach, IRDM posted a 52-week range of $19.91-$35.85.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Communication Services sector firm’s twelve-monthly sales growth has been 8.30% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.79%. This publicly-traded company’s shares outstanding now amounts to $108.73 million, simultaneously with a float of $94.18 million. The organization now has a market capitalization sitting at $2.61 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.22, while the 200-day Moving Average is $28.37.
Iridium Communications Inc (IRDM) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Telecom Services industry. Iridium Communications Inc’s current insider ownership accounts for 12.92%, in contrast to 94.29% institutional ownership. According to the most recent insider trade that took place on Feb 18 ’25, this organization’s Director sold 4,955 shares at the rate of 34.03, making the entire transaction reach 168,619 in total value, affecting insider ownership by 137,557. Preceding that transaction, on Feb 18 ’25, Company’s CHIEF LEGAL OFFICER sold 15,005 for 33.58, making the whole transaction’s value amount to 503,868. This particular insider is now the holder of 55,818 in total.
Iridium Communications Inc (IRDM) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
Iridium Communications Inc’s EPS increase for this current 12-month fiscal period is 12.79% and is forecasted to reach 1.29 in the upcoming year.
Iridium Communications Inc (NASDAQ: IRDM) Trading Performance Indicators
Let’s observe the current performance indicators for Iridium Communications Inc (IRDM). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 1.24. Alongside those numbers, its PE Ratio stands at $22.66, and its Beta score is 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.10. Similarly, its price to free cash flow for trailing twelve months is now 9.13.
In the same vein, IRDM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.06, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 1.29 at the market close of one year from today.
Technical Analysis of Iridium Communications Inc (IRDM)
Through scrutinizing the latest numbers posted by the [Iridium Communications Inc, IRDM], it can be observed that its last 5-days Average volume of 1.59 million was better the volume of 1.36 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 89.88% While, its Average True Range was 1.24.
Raw Stochastic average of Iridium Communications Inc (IRDM) in the period of the previous 100 days is set at 29.02%, which indicates a major fall in contrast to 82.83% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 47.39% that was higher than 46.32% volatility it exhibited in the past 100-days period.
