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.

Featured Articles

• Get a free copy of the StockNews.com research report on Satixfy Communications (SATX)
• The Future Of E-Commerce: Analysis And New Data
• Chevron Delights Shareholders with $75 Billion in Share Buybacks
• Levi Strauss Is A Good Fit For Income Investors
• 3 Small Caps That Have Big Upside
• Mullen Automotive: The Good News, The Bad And The Ugly Outlook

Receive News & Ratings for Satixfy Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satixfy Communications and related companies with MarketBeat.com's FREE daily email newsletter.