SatixFy Communications Ltd (AMEX:SATX) currently has a daily average trading volume of 261.06K but it saw 2811101 shares traded in last market. With a market cap of 114.49M USD, the company’s current market price of $1.35 came rising about 16.38 while comparing to the previous closing price of $1.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.39 and as low as $0.50. In the recent trading on the day, stock has struck highest price mark of $1.285 while lowest mark touched by it was $1.7.
Taking a look at 20-day trading activity of SatixFy Communications Ltd (SATX) gives us an average price of $1.1899, while its current price level is -43.51% below from 52-week high level whereas it is 170.00% 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 $1.3208 while that of 200 days or SMA-200 reads an average of $0.8877. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.35% during that period while stretching the period over a month that decreases to 14.49%. 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 58.28 which implies that the stock is in neutral territory.
Over the week, SATX’s stock price is moving 20.54% up while it is -12.34% when we observe its performance for the past one month. Year-to-date it is -11.76% down and over the past year, the stock is showing an upside performance of 154.72%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.49. In next quarter, company is expected to be making quarterly sales of $3.5M as analysts are expecting the sales for current fiscal year at $18.25M and seeing the company making $30.5M in sales next year. Moreover, analysts are in estimates of $9.7M for current-quarter revenue.
Currently, SatixFy Communications Ltd’s total number of outstanding shares is 83.11M with 54.38% of that held by the insiders while 14.75% of its common stock has been owned by the institutions. Stock’s beta reads 0.65. Stock has a price to sale or P/S ratio amounts to 11.06. Its return on asset (ROA) is -15.90% on average.
