EchoStar Corp [NASDAQ: SATS] traded at a high on Thursday, posting a 2.18 gain after which it closed the day’ session at $28.12.
The results of the trading session contributed to over 4139213 shares changing hands. Over the past one week, the price volatility of EchoStar Corp stands at 4.33% while the volatility over the past one month is 3.67%.
The market cap for SATS stock reached $7.64 billion, with 140.48 million shares outstanding and 118.75 million shares in the current float. Compared to the average trading volume of 1.70M shares, SATS reached a trading volume of 4139213 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about EchoStar Corp [SATS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SATS shares is $29.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SATS stock is a recommendation set at 2.62. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for EchoStar Corp shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on December 16, 2024. The new note on the price target was released on October 01, 2024, representing the official price target for EchoStar Corp stock. Previously, the target price had yet another raise to $12, while JP Morgan analysts kept a Underweight rating on SATS stock.
The Average True Range (ATR) for EchoStar Corp is set at 1.01, with the Price to Sales ratio for SATS stock in the period of the last 12 months amounting to 0.28. The Price to Book ratio for the last quarter was 0.39, with the Price to Cash per share for the same quarter was set at 10.01.
How has SATS stock performed recently?
EchoStar Corp [SATS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.87. With this latest performance, SATS shares gained by 24.37% in over the last four-week period, additionally plugging by 42.02% over the last 6 months – not to mention a rise of 93.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SATS stock in for the last two-week period is set at 75.82, with the RSI for the last a single of trading hit 83.08, and the three-weeks RSI is set at 69.46 for EchoStar Corp [SATS]. The present Moving Average for the last 50 days of trading for this stock 23.88, while it was recorded at 27.18 for the last single week of trading, and 20.90 for the last 200 days.
EchoStar Corp [SATS]: Deeper insight into the fundamentals
EchoStar Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.67.
Insider trade positions for EchoStar Corp [SATS]
There are presently around $84.22%, or 99.11%% of SATS stock, in the hands of institutional investors. The top three institutional holders of SATS stocks are: BLACKROCK INC. with ownership of 19.18 million shares, which is approximately 7.0658%. VANGUARD GROUP INC, holding 13.57 million shares of the stock with an approximate value of $$241.69 million in SATS stocks shares; and VANGUARD GROUP INC, currently with $$241.58 million in SATS stock with ownership which is approximately 4.9957%.
