EchoStar Corporation, together with its subsidiaries, provides broadband satellite technologies and broadband Internet services. It operates in two segments, Hughes and EchoStar Satellite Services (ESS).
$SATS is a company that maintains a hefty debt of $2.39B, however, it maintains $2.5B cash to offset that burden so in the short term it shouldn't mean a problem.
As for the technical, the company showed signs of a trend shift from bearish to bullish in March and settled at a key level close to $24
- Revenue 1.8B
- Cash 2.5B
- Total debt/ebitda 6.22x
Technical:
- average RSI levels
- Key support at $23.73
- Price on MA50 daily
- MACD Level (12, 26) -0.32
$SATS is a company that maintains a hefty debt of $2.39B, however, it maintains $2.5B cash to offset that burden so in the short term it shouldn't mean a problem.
As for the technical, the company showed signs of a trend shift from bearish to bullish in March and settled at a key level close to $24
- Revenue 1.8B
- Cash 2.5B
- Total debt/ebitda 6.22x
Technical:
- average RSI levels
- Key support at $23.73
- Price on MA50 daily
- MACD Level (12, 26) -0.32
Trade closed manually:
10 May