EchoStar Corp (NASDAQ:SATS) currently has a daily average trading volume of 1.66M but it saw 3753701 shares traded in last market. With a market cap of 5.98B USD, the company’s current market price of $21.99 came rising about 2.18 while comparing to the previous closing price of $21.52. 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 $21.03 while lowest mark touched by it was $22.68.
Taking a look at 20-day trading activity of EchoStar Corp (SATS) gives us an average price of $24.79, while its current price level is -26.89% below from 52-week high level whereas it is 130.75% 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 $24.78 while that of 200 days or SMA-200 reads an average of $18.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.48% during that period while stretching the period over a month that decreases to 4.60%. 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 37.40 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 -15.65% down while it is -14.47% when we observe its performance for the past one month. Year-to-date it is 32.71% up and over the past year, the stock is showing an upside performance of 116.22%.
Currently, EchoStar Corp’s total number of outstanding shares is 140.15M. Company’s return on investment (ROI) stands at -4.98% and return on equity (ROE) at -19.12%. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 0.31 while price to sale or P/S ratio amounts to 0.22. Its return on asset (ROA) is -6.90% on average.
