On TUESDAY, Viasat, Inc. (NASDAQ: VSAT) ended the last transaction at $67.43, with a change of 0.75%. The daily volume was calculated at 224657 shares. The company has a market worth of $4171.89M. The average true range of the stock is observed at 1.49 and the relative strength index of the stock is recorded at 26.36. It holds an average volume of 318.98K shares. In 52-week session, the stock hit the peak level of -30.71% and touched to lowest level of 20.56%.
EL AL Israel Airlines, the national air carrier of Israel, and Viasat Inc. (VSAT) recently reported they expanded their successful relationship, adding the Boeing 777 widebody fleet to the mix of EL AL aircraft with Viasat’s equipment for high-speed in-flight connectivity (IFC). In addition to the Boeing 777 fleet, Viasat equipment presently powers the connectivity experience across EL AL’s Boeing 787 Dreamliner, Boeing 737-900 and part of Boeing 737-800 aircraft. EL AL plans to have all widebody aircraft equipped with Viasat’s recent generation IFC solution and all narrow-body fleet equipped with Viasat’s in-flight entertainment and connectivity (IFEC) offering. EL AL expects to have the majority of its fleet connected with the Viasat service by the end of 2020.
“EL AL takes great pride in being an innovative airline, and they continue to push the in-flight connectivity boundaries,” stated Don Buchman, vice president and general manager, Commercial Aviation, Viasat. “EL AL was first to launch Viasat’s fast IFC service in Europe and the Middle East; first to deploy high-speed internet on transatlantic flights using the advanced ViaSat-2 satellite; and are now the first airline to bring IFC to the Boeing 777 aircraft for global routes before the launch of our ViaSat-3 satellite constellation. Enabling high-speed, high-quality internet to their full fleet confirms their dedication to bring consumers and crew fast, reliable connectivity service—no matter where they fly.”
EPS growth in past five years was -40.40% while EPS growth in next five years is projected to arrive at 40.10%. EPS growth for this year is -6.40% and EPS growth for next year is expected to reach at 462.50%. Sales growth past 5 years was measured at 8.90%. The Company has 61.87 million shares outstanding and 58.02 million shares were floated in market. The short ratio in the company’s stock is documented at 9.1 and the short float is around of 5.01%.