Let’s start up with the current stock price of SatixFy Communications Ltd. (SATX), which is $1.73 to be very precise. The Stock rose vividly during the last session to $8.20 after opening rate of $7.89 while the lowest price it went was recorded $7.05 before closing at $7.23.Recently in News on January 13, 2023, SatixFy Appoints Ido Gur as Its New Chief Executive Officer. SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that Mr. Ido Gur has been appointed Chief Executive Officer of SatixFy by the Company’s Board of Directors, replacing Mr. David Ripstein, effective January 15th. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, SatixFy Communications Ltd. shares are logging -97.82% during the 52-week period from high price, and -59.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.22 and $79.21.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 10073373 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the SatixFy Communications Ltd. (SATX) recorded performance in the market was -6.95%, having the revenues showcasing -26.90% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 564.80M, as it employees total of 202 workers.
The Analysts eye on SatixFy Communications Ltd. (SATX)
During the last month, 0 analysts gave the SatixFy Communications Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Technical rundown of SatixFy Communications Ltd. (SATX)
Raw Stochastic average of SatixFy Communications Ltd. in the period of last 50 days is set at 0.10%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.96%. In the last 20 days, the company’s Stochastic %K was 41.43% and its Stochastic %D was recorded 53.66%.
Considering, the past performance of SatixFy Communications Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -6.95%. The shares increased approximately by 3.58% in the 7-day charts and went up by -8.13% in the period of the last 30 days. Common stock shares were lifted by -26.90% during last recorded quarter.