EchoStar Corp (NASDAQ: SATS) is 9.96% higher on its value in year-to-date trading and has touched a low of $9.53 and a high of $24.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SATS stock was last observed hovering at around $18.68 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $18.22, the stock is -1.21% and 10.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.7 million and changing -2.46% at the moment leaves the stock 23.97% off its SMA200. SATS registered 4.83% gain for a year compared to 6-month gain of 48.98%.
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The stock witnessed a 8.78% loss in the last 1 month and extending the period to 3 months gives it a 28.95%, and is -5.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.99% over the week and 3.98% over the month.
EchoStar Corp (SATS) has around 15300 employees, a market worth around $4.95B and $20.59B in sales. Profit margin for the company is -8.93%. Distance from 52-week low is 91.19% and -26.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.31%).
The EPS is expected to grow by 75.85% this year
The shares outstanding are 140.15M, and float is at 119.73M with Short Float at 13.14%.
EchoStar Corp (SATS) Insider Activity
The most recent transaction is an insider purchase by DEFRANCO JAMES, the company’s Director. SEC filings show that DEFRANCO JAMES bought 110,000 shares of the company’s common stock on Mar 08 ’24 at a price of $13.48 per share for a total of $1.48 million. Following the purchase, the insider now owns 0.31 million shares.
EchoStar Corp disclosed in a document filed with the SEC on Mar 07 ’24 that DEFRANCO JAMES (Director) bought a total of 20,000 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $13.44 per share for $0.27 million. Following the transaction, the insider now directly holds 0.2 million shares of the SATS stock.
Still, SEC filings show that on Mar 06 ’24, DEFRANCO JAMES (Director) acquired 70,000 shares at an average price of $13.14 for $0.92 million. The insider now directly holds 176,951 shares of EchoStar Corp (SATS).
