The market performance of EchoStar Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $24.80 on 08/09/23, while the lowest value for the same duration was $9.53 on 11/16/23.
52-week price history of SATS Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. EchoStar Corp’s current trading price is -41.29% away from its 52-week high, while its distance from the 52-week low is 52.78%. The stock’s price range during the 52-week period has remained between $9.53 and $24.80. In the Technology sector, the company’s shares saw a trading volume of around 1.83 million for the day, which was evidently higher than the average daily volume of 1.78 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
EchoStar Corp (SATS) has experienced a quarterly decline of -15.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.95B and boasts a workforce of 15300 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 13.63, with a change in price of +3.98. Similarly, EchoStar Corp recorded 2,268,817 in trading volume during the last 100 days, posting a change of +37.62%.
Examining SATS’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 SATS stands at 1.32. Similarly, the long-term debt-to-equity ratio is also 1.15.
SATS Stock Stochastic Average
EchoStar Corp’s raw stochastic average for the past 50 days is presently 71.65%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 94.53%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 79.70% and 78.23%, respectively.
SATS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -12.13%. However, over the past six months, we’ve seen a weaker performance of 1.75%. The price of SATS fallen by 14.38% over the last 30 days. And in the last five days, it has surged by 0.76%.
