Shares of Satixfy Communications Ltd. (NASDAQ:SATX – Get Rating) were down 3.2% during trading on Thursday . The company traded as low as $1.96 and last traded at $2.09. Approximately 1,799,915 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 2,028,549 shares. The stock had previously closed at $2.16.
Satixfy Communications Stock Performance
The business has a fifty day simple moving average of $12.83.
Satixfy Communications Company Profile
(Get Rating)
SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems. The company offers satellite payloads, user terminals, and modems. Its products include modems that feature software defined radio; fully electronically steered multi beam antennas; and very small aperture terminals and multi-beam fully electronically steered antenna arrays for various mobile applications and services.
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