News stories about Gilat Satellite Networks (NASDAQ:GILT) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gilat Satellite Networks earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the communications equipment provider an impact score of 45.0765974190337 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Gilat Satellite Networks (NASDAQ GILT) traded down 2.37% during trading on Friday, hitting $5.36. The company’s stock had a trading volume of 17,442 shares. The company’s market cap is $292.78 million. Gilat Satellite Networks has a 52 week low of $4.12 and a 52 week high of $6.19. The firm’s 50 day moving average price is $5.08 and its 200-day moving average price is $5.19.
Gilat Satellite Networks (NASDAQ:GILT) last issued its earnings results on Tuesday, May 16th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $63.93 million for the quarter. Gilat Satellite Networks had a negative net margin of 0.72% and a positive return on equity of 3.44%. On average, analysts predict that Gilat Satellite Networks will post ($0.17) earnings per share for the current year.
Several equities analysts have issued reports on GILT shares. BidaskClub lowered Gilat Satellite Networks from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. TheStreet lowered Gilat Satellite Networks from a “c-” rating to a “d” rating in a report on Monday, June 26th.
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About Gilat Satellite Networks
Gilat Satellite Networks Ltd. is a provider of satellite-based broadband communications. The Company operates through three segments: Commercial, Mobility and Services divisions. The Company designs and manufactures satellite ground segment and networking communications equipment, which it sells to its customers either as network components (modems, Block Up converters (BUCs), antennas) or as complete network solutions (which include hubs and related terminals and services) or turnkey projects.
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