The trading price of Gilat Satellite Networks Ltd. (NASDAQ:GILT) floating lower at last check on Tuesday, Feb 23, closing at $15.14, -10.24% lower than its previous close.

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Traders who pay close attention to intraday price movement should know that it has been fluctuating between $12.35 and $14.35. The company’s P/E ratio in the trailing 12-month period was 24.3, while its 5Y monthly beta was 0.58. In examining the 52-week price action we see that the stock hit a 52-week high of $22.69 and a 52-week low of $4.7. Over the past month, the stock has gained 65.46% in value.

On the technical side, indicators suggest GILT has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned GILT a recommendation rating is 1. Out of them, no one rate it a Hold, while 1 recommend Buy, whereas none assign an Outperform rating. None analyst(s) have tagged Gilat Satellite Networks Ltd. (GILT) as Underperform, while not any of them advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.43, which symbolizes a positive outlook. A quick review shows that GILT’s price is currently -11.42% off the SMA20 and 31.67% off the SMA50. The RSI metric on the 14-day chart is currently showing 48.06, and weekly volatility stands at 11.78%. When measured over the past 30 days, the indicator reaches 14.37%. Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s beta value is currently sitting at 0.58, while the Average True Range indicator is currently displaying 2.01. With analysts defining $4.94-$4.94 as the low and high price targets, we arrive at a consensus price target of $4.94 for the trailing 12-month period. The current price is about -63.65% off the estimated low and -63.65% off the forecast high, based on this estimate. Investors will be thrilled if GILT’s share price rises to $4.94, which is the median consensus price. At that level, GILT’s share price would be -63.65% above current price.

To see how Gilat Satellite Networks Ltd. stock has been performing today in comparison to its peers in the industry, here are the numbers: GILT stock’s performance was -10.24% at last check in today’s session, and +53.86% in the past year, while Liberty Srs XM CS A (LSXMA) has been trading -0.51% in recent session and positioned -9.06% lower than it was a year ago. Another comparable company Liberty Srs XM CS C (LSXMK) saw its stock trading -0.43% lower in today’s session but was down -10.85% in a year. Furthermore, Iridium Comm Inc (IRDM) showed a decline of -10.24% today while its price kept rising at 53.86% over the past year. Gilat Satellite Networks Ltd. has a P/E ratio of 24.3, compared to Liberty Srs XM CS A’s 17.16 and Liberty Srs XM CS C’s 62.83. Also during today’s trading, the S&P 500 Index has soared -0.93%, while the Dow Jones Industrial also saw a negative seesion, down -0.54% today.

An evaluation of the daily trading volume of Gilat Satellite Networks Ltd. (NASDAQ:GILT) indicates that the 3-month average is 1.9 Million. However, this figure has increased over the past 10 days to an average of 4.51 Million.


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Currently, records show that 55.54 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 11.61% of outstanding shares, whereas institutions hold 75.11%. The stats also highlight that short interest as of January 28, 2021, stood at 793.07 Million shares, resulting in a short ratio of 0.34 at that time. From this, we can conclude that short interest is 1.43% of the company’s total outstanding shares. It is noteworthy that short shares in January were up slightly from the previous month’s figure, which was 587.39 Million. However, since the stock’s price has seen +132.21% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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