Somewhat Positive Press Coverage Extremely Likely to Affect Gilat Satellite Networks (GILT) Share Price

Media stories about Gilat Satellite Networks (NASDAQ:GILT) have trended somewhat positive on Saturday, AlphaOne reports. The research group, a division of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Gilat Satellite Networks earned a media sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also gave news articles about the communications equipment provider an impact score of 100 out of 100, indicating that recent news coverage is extremely likely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s analysis:

Shares of Gilat Satellite Networks (NASDAQ:GILT) opened at 4.93 on Friday. Gilat Satellite Networks has a 52-week low of $4.05 and a 52-week high of $6.19. The firm’s market cap is $269.42 million. The company’s 50 day moving average is $5.10 and its 200 day moving average is $5.16.

Gilat Satellite Networks (NASDAQ:GILT) last posted its earnings results on Tuesday, May 16th. The communications equipment provider reported $0.03 earnings per share for the quarter. The business had revenue of $63.93 million for the quarter. Gilat Satellite Networks had a negative net margin of 5.67% and a positive return on equity of 0.86%. Analysts anticipate that Gilat Satellite Networks will post ($0.17) earnings per share for the current year.

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Gilat Satellite Networks Company Profile

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.

12 Month Chart for NASDAQ:GILT

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