Viasat, Inc. (NASDAQ:VSAT) shares, rose in value, with the stock price down by -4.90% to the previous day’s close as strong demand from buyers drove the stock to $15.33.
Actively observing the price movement in the last trading, the stock closed the session at $16.12. The value of beta (5-year monthly) was 1.30. Referring to stock’s 52-week performance, its high was $47.35, and the low was $15.02. On the whole, VSAT has fluctuated by -10.92% over the past month.
With the market capitalization of Viasat, Inc. currently standing at about $1.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 15, 2024 – May 20, 2024.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VSAT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VSAT currently trading nearly -7.52% and -13.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.13, while the 7-day volatility ratio is showing 5.97% which for the 30-day chart, stands at 5.30%. Furthermore, Viasat, Inc. (VSAT)’s beta value is 1.31, and its average true range (ATR) is 0.95.
A comparison of Viasat, Inc. (VSAT) with its peers suggests the former has fared considerably weaker in the market. VSAT showed an intraday change of -4.90% in last session, and over the past year, it shrunk by -53.96%%.
Data on historical trading for Viasat, Inc. (NASDAQ:VSAT) indicates that the trading volumes over the past 3 months, they’ve averaged 1.17 million. According to company’s latest data on outstanding shares, there are 125.32 million shares outstanding.
Nearly 21.84% of Viasat, Inc.’s shares belong to company insiders and institutional investors own 76.71% of the company’s shares. The stock has fallen by -45.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VSAT stock heading into the next quarter.
