EchoStar Corp (NASDAQ:SATS) price on Wednesday, May 21, fall -4.60% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $21.14.
A look at the stock’s price movement, the close in the last trading session was $22.16, moving within a range at $21.1 and $21.95. The beta value (5-Year monthly) was 0.836. Turning to its 52-week performance, $32.48 and $14.79 were the 52-week high and 52-week low respectively. Overall, SATS moved -0.80% over the past month.
EchoStar Corp’s market cap currently stands at around $6.08 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-08.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SATS is a 100% Sell. On the other hand, the stock is on average a 100% Sell 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 -6.96% and -10.54% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.04, while 7-day volatility ratio is 4.72% and 6.91% in the 30-day chart. Further, EchoStar Corp (SATS) has a beta value of 0.82, and an average true range (ATR) of 1.57. 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 33.77% off current price level while to achieve the yearly target high, price needs to move 32.59%. Nonetheless, investors will most likely welcome a 33.18% 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 4.85 over the past 10 days and 2.87 million over the past 3 months. The company’s latest data on shares outstanding shows there are 155.26 million shares.
The 53.93% of EchoStar Corp’s shares are in the hands of company insiders while institutional holders own 48.65% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.55 million on 2025-04-30, giving us a short ratio of 5.96. The data shows that as of 2025-04-30 short interest in EchoStar Corp (SATS) stood at 1108.0 of shares outstanding, with shares short falling to 15.91 million registered in 2025-03-31. Current price change has pushed the stock -7.69% 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.
