Gilat Satellite Networks Ltd. (GILT) Trading Up 2%
Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s share price was up 2% on Tuesday . The company traded as high as $4.71 and last traded at $4.68, with a volume of 110,974 shares changing hands. The stock had previously closed at $4.59.
The firm’s market cap is $255.82 million. The firm’s 50-day moving average price is $4.39 and its 200 day moving average price is $4.34.
Gilat Satellite Networks (NASDAQ:GILT) last announced its earnings results on Wednesday, August 10th. The company reported ($0.04) earnings per share for the quarter. The firm earned $67.90 million during the quarter, compared to the consensus estimate of $44.30 million. Analysts forecast that Gilat Satellite Networks Ltd. will post ($0.17) earnings per share for the current fiscal 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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