Gilat Satellite Networks Ltd. (NASDAQ:GILT) gapped up prior to trading on Thursday . The stock had previously closed at $4.52, but opened at $4.59. Gilat Satellite Networks shares last traded at $4.70, with a volume of 64,378 shares trading hands.

The stock’s market capitalization is $256.15 million. The firm’s 50 day moving average is $4.39 and its 200 day moving average is $4.32.

Gilat Satellite Networks (NASDAQ:GILT) last posted its earnings results on Wednesday, August 10th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $67.90 million for the quarter, compared to the consensus estimate of $44.30 million. Analysts anticipate that Gilat Satellite Networks Ltd. will post ($0.17) EPS for the current year.

Gilat Satellite Networks Ltd. (Gilat) is a provider of broadband satellite communication (Satcom) network solutions and services. The Company designs, manufactures and provides network management and equipment for Satcom, as well as professional services to satellite operators and service providers across the world.

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