Telesat Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $22.75 on 08/24/23, while the lowest value for the same period was recorded at $6.50 on 03/29/23.
52-week price history of TSAT Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Telesat Corp’s current trading price is -62.55% away from its 52-week high, while its distance from the 52-week low is 31.08%. The stock’s price range during this period has spanned from $6.50 to $22.75. In the Technology sector, the Telesat Corp’s shares surpassed a trading volume of approximately 0.66 million for the day, which was noticeably higher compared to the average daily volume of 9.20990.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Telesat Corp (TSAT) has experienced a quarterly decline of -15.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.62M and boasts a workforce of 490 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.98, with a change in price of -2.51. Similarly, Telesat Corp recorded 37,640 in trading volume during the last 100 days, posting a change of -22.76%.
Examining TSAT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for TSAT stands at 4.88. Similarly, the long-term debt-to-equity ratio is also 4.88.
TSAT Stock Stochastic Average
Today’s raw stochastic average for Telesat Corp over the last 50 days is 21.66%.This indicates a increase from the raw stochastic average of the past 20 days, which was 17.92%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 52.49% and 65.98%, respectively.
TSAT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -18.31%.However, over the last six months, we can see a stronger performance of -38.22%. Over the last 30 days, the price of TSAT has fallen by 3.40%. And in the last five days, it has fallen by -10.03%.
