Telesat Corp (NASDAQ:TSAT) price on Thursday, July 03, rose 1.64% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $26.1.
A look at the stock’s price movement, the close in the last trading session was $25.68, moving within a range at $25.39 and $26.13. The beta value (5-Year monthly) was 1.821. Turning to its 52-week performance, $26.07 and $7.21 were the 52-week high and 52-week low respectively. Overall, TSAT moved 62.87% over the past month.
Telesat Corp’s market cap currently stands at around $386.28 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-06.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TSAT is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
TSAT’s current price about 23.84% and 43.88% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 74.06, while 7-day volatility ratio is 5.19% and 7.63% in the 30-day chart. Further, Telesat Corp (TSAT) has a beta value of 2.16. Analysts have given the company’s stock an average 52-week price target of $20, forecast between a low of $20 and high of $20. Looking at the price targets, the low is 23.37% off current price level while to achieve the yearly target high, price needs to move 23.37%. Nonetheless, investors will most likely welcome a 23.37% jump to $20 which is the analysts’ median price.
If we refocus on Telesat Corp (NASDAQ:TSAT), historical trading data shows that trading volumes averaged 0.23 over the past 10 days and 103.28K over the past 3 months. The company’s latest data on shares outstanding shows there are 14.36 million shares.
The 9.10% of Telesat Corp’s shares are in the hands of company insiders while institutional holders own 56.82% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.6 million on 2025-06-13, giving us a short ratio of 10.21. The data shows that as of 2025-06-13 short interest in Telesat Corp (TSAT) stood at 433.0 of shares outstanding, with shares short rising to 0.37 million registered in 2025-05-15. Current price change has pushed the stock 208.15% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TSAT stock continues to rise going into the next quarter.
