EchoStar Corp (NASDAQ:SATS) currently has a daily average trading volume of 1.46M but it saw 2118496 shares traded in last market. With a market cap of 6.62B USD, the company’s current market price of $24.36 came rising about 1.12 while comparing to the previous closing price of $24.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $30.08 and as low as $9.53. In the recent trading on the day, stock has struck highest price mark of $23.86 while lowest mark touched by it was $24.85.
Taking a look at 20-day trading activity of EchoStar Corp (SATS) gives us an average price of $24.53, while its current price level is -19.01% below from 52-week high level whereas it is 155.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.05 while that of 200 days or SMA-200 reads an average of $16.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.06% during that period while stretching the period over a month that decreases to 7.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.87 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Underweight” from “Neutral” on August 12, 2024 while assigning a price target of $12. JP Morgan issued its recommendations for the stock as it initiated the price target for the stock is $18.
Over the week, SATS’s stock price is moving -5.21% down while it is 34.66% when we observe its performance for the past one month. Year-to-date it is 47.01% up and over the past year, the stock is showing an upside performance of 51.68%.
Currently, EchoStar Corp’s total number of outstanding shares is 140.15M. Company’s return on investment (ROI) stands at -4.84% and return on equity (ROE) at -17.76%. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 0.34 while price to sale or P/S ratio amounts to 0.27. Its return on asset (ROA) is -6.68% on average.
