Now Is The Time To Build A Position In SatixFy Communications Ltd (AMEX:SATX)

In the last trading session, 1.07 million SatixFy Communications Ltd (AMEX:SATX) shares changed hands as the company’s beta touched -0.04. With the company’s per share price at $1.98 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $171.96M. SATX’s last price was a discount, traded about -20.71% off its 52-week high of $2.39. The share price had its 52-week low at $0.50, which suggests the last value was 74.75% up since then. When we look at SatixFy Communications Ltd’s average trading volume, we note the 10-day average is 2.36 million shares, with the 3-month average coming to 546.59K.

Analysts gave the SatixFy Communications Ltd (SATX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SATX as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. SatixFy Communications Ltd’s EPS for the current quarter is expected to be -0.12.

SatixFy Communications Ltd (AMEX:SATX) trade information

The company’s shares are showing year-to-date upside of 29.41%, with the 5-day performance at 65.00% in the green. However, in the 30-day time frame, SatixFy Communications Ltd (AMEX:SATX) is 75.22% up. Looking at the short shares, we see there were 70015.0 shares sold at short interest cover period of 0.25 days.

SatixFy Communications Ltd (SATX) estimates and forecasts

Year-over-year growth is forecast to reach 47.71% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 3.5M. 2 analysts are of the opinion that SatixFy Communications Ltd’s revenue for the current quarter will be 5.5M.

The 2025 estimates are for SatixFy Communications Ltd earnings to increase by 28.00%.

SATX Dividends

SatixFy Communications Ltd is expected to release its next quarterly earnings report on 2025-Mar-31.

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

If we look at who the major shareholders are, we find that insiders hold 52.34% of SatixFy Communications Ltd shares while 14.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 29.78%.

With 9.56 shares estimated at $18938.0 under it, the former controlled 0.01% of total outstanding shares.