Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s share price hit a new 52-week high on Thursday . The company traded as high as $4.95 and last traded at $4.94, with a volume of 23,316 shares traded. The stock had previously closed at $4.75.

The firm has a 50-day moving average price of $4.42 and a 200 day moving average price of $4.35. The company’s market capitalization is $268.66 million.

Gilat Satellite Networks (NASDAQ:GILT) last announced its quarterly earnings data on Wednesday, August 10th. The company reported ($0.04) EPS for the quarter. The business had revenue of $67.90 million for the quarter, compared to analyst estimates of $44.30 million. Equities research analysts expect 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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