EchoStar Corp (NASDAQ:SATS) shares, rose in value on Thursday, March 27, with the stock price down by -0.61% to the previous day’s close as strong demand from buyers drove the stock to $26.16.
Actively observing the price movement in the last trading, the stock closed the session at $26.32, falling within a range of $25.69 and $26.28. The value of beta (5-year monthly) was 0.657. Referring to stock’s 52-week performance, its high was $32.48, and the low was $12.66. On the whole, SATS has fluctuated by -9.82% over the past month.
With the market capitalization of EchoStar Corp currently standing at about $7.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.45B, with a low estimate of 3.84B and a high estimate of 3.93B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SATS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of SATS currently trading nearly -4.61% and -6.33% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.25, while the 7-day volatility ratio is showing 3.85% which for the 30-day chart, stands at 5.35%. Furthermore, EchoStar Corp (SATS)’s beta value is 0.71, and its average true range (ATR) is 1.25.
A comparison of EchoStar Corp (SATS) with its peers suggests the former has fared considerably weaker in the market. SATS showed an intraday change of -0.61% in last session, and over the past year, it grew by 91.65%%.
Data on historical trading for EchoStar Corp (NASDAQ:SATS) indicates that the trading volumes over the past 10 days have averaged 3.87 and over the past 3 months, they’ve averaged 2.24 million. According to company’s latest data on outstanding shares, there are 155.05 million shares outstanding.
Nearly 54.05% of EchoStar Corp’s shares belong to company insiders and institutional investors own 50.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.35 million shares as on 2025-03-14, resulting in a short ratio of 6.97. According to the data, the short interest in EchoStar Corp (SATS) stood at 1444.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 16.43 million. The stock has risen by 14.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SATS stock heading into the next quarter.
