1 day Ago By Defense World Staff
Shares of Satixfy Communications Ltd. ( NYSEAMERICAN:SATX – Get Free Report ) rose 3.7% during mid-day trading on Tuesday .
The stock traded as high as $0.85 and last traded at $0.81.
Approximately 39,097 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 82,955 shares. The stock had previously closed at $0.78.
Satixfy Communications Stock Performance Satixfy Communications ( NYSEAMERICAN:SATX – Get Free Report ) last posted its earnings results on Friday, September 6th. The company reported ($0.11) earnings per share (EPS) for the quarter.
The company had revenue of $4.15 million for the quarter. Institutional Investors Weigh In On Satixfy Communications An institutional investor recently raised its position in Satixfy Communications stock.
Senvest Management LLC raised its holdings in Satixfy Communications Ltd. ( NYSEAMERICAN:SATX – Free Report ) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 4,277,958 shares of the company’s stock after buying an additional 95,115 shares during the quarter. Senvest Management LLC owned 5.15% of Satixfy Communications worth $3,024,000 as of its most recent SEC filing.
Institutional investors own 5.04% of the company’s stock. About Satixfy Communications Satixfy Communications Ltd.
engages in the development of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite payload chips, that enables digital on-board processing, beam- hopping, and enhanced connectivity needs, including positioning, navigation, and timing for LEO, MEO, and GEO satellite communications systems, as well as Aero/IFC systems, and certain COTM and on the pause applications. Featured Stories Five stocks we like better than Satixfy Communications What is a Special Dividend? Super Micro Computer Soars 28%: Is It Really Out of the Woods? 10 Best Airline Stocks to Buy Traders Are Flocking Back to Oil: What’s Fueling the Optimism How Can Investors Benefit From After-Hours Trading 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for Satixfy Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satixfy Communications and related companies with MarketBeat.
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