Iridium Communications Inc (NASDAQ: IRDM) kicked off on Friday, up 1.70% from the previous trading day, before settling in for the closing price of $25.26. Over the past 52 weeks, IRDM has traded in a range of $19.91-$35.85.
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While this was happening, its average annual earnings per share was recorded 9.81%. With a float of $92.47 million, this company’s outstanding shares have now reached $106.39 million.
The extent of productivity of a business whose workforce counts for 873 workers is very important to gauge. In terms of profitability, gross margin is 74.44%, operating margin of 25.38%, and the pretax margin is 14.47%.
Iridium Communications Inc (IRDM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Iridium Communications Inc is 12.88%, while institutional ownership is 93.98%. The most recent insider transaction that took place on Jun 03 ’25, was worth 50,126. In this transaction CAO IRIDIUM SATELLITE LLC of this company sold 1,922 shares at a rate of $26.08, taking the stock ownership to the 39,737 shares. Before that another transaction happened on Feb 18 ’25, when Company’s Director sold 4,955 for $34.03, making the entire transaction worth $168,619. This insider now owns 137,557 shares in total.
Iridium Communications Inc (IRDM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.81% per share during the next fiscal year.
Iridium Communications Inc (NASDAQ: IRDM) Trading Performance Indicators
Take a look at Iridium Communications Inc’s (IRDM) current performance indicators. Last quarter, stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 8.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.00, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.25 in one year’s time.
Technical Analysis of Iridium Communications Inc (IRDM)
The latest stats from [Iridium Communications Inc, IRDM] show that its last 5-days average volume of 3.84 million was superior to 1.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.93%.
During the past 100 days, Iridium Communications Inc’s (IRDM) raw stochastic average was set at 43.08%, which indicates a significant increase from 10.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.32 in the past 14 days, which was higher than the 1.02 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.67, while its 200-day Moving Average is $28.54. Now, the first resistance to watch is $26.20. This is followed by the second major resistance level at $26.70. The third major resistance level sits at $27.38. If the price goes on to break the first support level at $25.02, it is likely to go to the next support level at $24.34. Assuming the price breaks the second support level, the third support level stands at $23.84.
Iridium Communications Inc (NASDAQ: IRDM) Key Stats
The company with the Market Capitalisation of 2.73 billion has total of 108,160K Shares Outstanding. Its annual sales at the moment are 830,680 K in contrast with the sum of 112,780 K annual income. Company’s last quarter sales were recorded 214,880 K and last quarter income was 30,410 K.
