SatixFy Communications Ltd (SATX) Is Another Fantastic Bargain Stock

SatixFy Communications Ltd (AMEX:SATX) has a beta value of 0.64 and has seen 18.16 million shares traded in the last trading session. The company, currently valued at $167.09M, closed the last trade at $1.97 per share which meant it gained $0.77 on the day or 64.17% during that session. The SATX stock price is -21.32% off its 52-week high price of $2.39 and 74.62% above the 52-week low of $0.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.9 million shares traded. The 3-month trading volume is 217.13K shares.

The consensus among analysts is that SatixFy Communications Ltd (SATX) is Hold stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.

SatixFy Communications Ltd (AMEX:SATX) trade information

Sporting 64.17% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SATX stock price touched $1.97 or saw a rise of 1.99%. Year-to-date, SatixFy Communications Ltd shares have moved 28.76%, while the 5-day performance has seen it change 43.80%. Over the past 30 days, the shares of SatixFy Communications Ltd (AMEX:SATX) have changed 84.11%. Short interest in the company has seen 70015.0 shares shorted with days to cover at 0.25.

SatixFy Communications Ltd (SATX) estimates and forecasts

The company’s shares have gained 176.26% over the past 6 months.

SATX Dividends

SatixFy Communications Ltd is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

SatixFy Communications Ltd (AMEX:SATX)’s Major holders

Insiders own 54.38% of the company shares, while shares held by institutions stand at 14.75% with a share float percentage of 32.33%. Investors are also buoyed by the number of investors in a company, with SatixFy Communications Ltd having a total of 19.0 institutions that hold shares in the company.