EchoStar Corp (NASDAQ:SATS) price on Wednesday, April 30, fall -0.97% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $22.48.
A look at the stock’s price movement, the close in the last trading session was $22.70, moving within a range at $21.75 and $22.69. The beta value (5-Year monthly) was 0.729. Turning to its 52-week performance, $32.48 and $14.40 were the 52-week high and 52-week low respectively. Overall, SATS moved -12.12% over the past month.
EchoStar Corp’s market cap currently stands at around $6.44 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SATS is a 50% Sell. 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 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend SATS as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Strong Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SATS’s current price about 0.34% and -12.11% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.88, while 7-day volatility ratio is 3.59% and 6.28% in the 30-day chart. Further, EchoStar Corp (SATS) has a beta value of 0.84, and an average true range (ATR) of 1.26. Analysts have given the company’s stock an average 52-week price target of $14.125, forecast between a low of $14 and high of $14.25. Looking at the price targets, the low is 37.72% off current price level while to achieve the yearly target high, price needs to move 36.61%. Nonetheless, investors will most likely welcome a 37.17% jump to $14.125 which is the analysts’ median price.
If we refocus on EchoStar Corp (NASDAQ:SATS), historical trading data shows that trading volumes averaged 1.32 over the past 10 days and 2.33 million over the past 3 months. The company’s latest data on shares outstanding shows there are 155.05 million shares.
The 53.27% of EchoStar Corp’s shares are in the hands of company insiders while institutional holders own 50.24% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 14.08 million on 2025-04-15, giving us a short ratio of 4.3. The data shows that as of 2025-04-15 short interest in EchoStar Corp (SATS) stood at 1243.0 of shares outstanding, with shares short falling to 16.35 million registered in 2025-03-14. Current price change has pushed the stock -1.83% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SATS stock continues to rise going into the next quarter.
