Technical Outlook And Game Plan For Viasat, Inc (NASDAQ: VSAT)

Viasat, Inc (VSAT) concluded trading on Thursday at a closing price of $9.53, with 4.34 million shares of worth about $41.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -34.23% during that period and on Thursday the price saw a gain of about 11.99%. Currently the company’s common shares owned by public are about 128.39M shares, out of which, 107.46M shares are available for trading.

Stock saw a price change of 3.93% in past 5 days and over the past one month there was a price change of -5.27%. Year-to-date (YTD), VSAT shares are showing a performance of 11.99% which decreased to -66.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.69 but also hit the highest price of $29.11 during that period. The average intraday trading volume for Viasat, Inc shares is 2.75 million. The stock is currently trading 5.23% above its 20-day simple moving average (SMA20), while that difference is up 4.00% for SMA50 and it goes to -31.95% lower than SMA200.

Viasat, Inc (NASDAQ: VSAT) currently have 128.39M outstanding shares and institutions hold larger chunk of about 80.21% of that.

The stock has a current market capitalization of $1.22B and its 3Y-monthly beta is at 1.35. It has posted earnings per share of -$3.04 in the same period. It has Quick Ratio of 1.34 while making debt-to-equity ratio of 1.88. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VSAT, volatility over the week remained 8.30% while standing at 8.44% over the month.

Stock’s fiscal year EPS is expected to drop by -294.42% while it is estimated to increase by 26.56% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on October 15, 2024 offering a Buy rating for the stock and assigned a target price range of between $28 and $19 to it. Coverage by JP Morgan stated Viasat, Inc (VSAT) stock as a Neutral in their note to investors on September 17, 2024, suggesting a price target of $15 for the stock. On October 17, 2023, JP Morgan Upgrade their recommendations, while on October 17, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $22. Stock get a Neutral rating from JP Morgan on August 16, 2023.

Most Popular

Related Posts