Shares of Satellite Solutions Worldwide (LON:SAT) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 9.10 ($0.13) and last traded at GBX 8.65 ($0.12), with a volume of 5606945 shares. The stock had previously closed at GBX 8.65 ($0.12).
Separately, Numis Securities restated a “buy” rating and set a GBX 14 ($0.20) price objective on shares of Satellite Solutions Worldwide in a research report on Wednesday, March 21st.
Satellite Solutions Worldwide Company Profile
Satellite Solutions Worldwide Group plc provides satellite and wireless broadband telecommunications and related products and services in the United Kingdom, the Nordics, rest of Europe, and Australia. It offers rural, last-mile, and emergency communication services via satellite, wireless, and associated technologies; and fiber alternatives.
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