Satixfy Communications Ltd. (NYSEAMERICAN:SATX – Get Free Report)’s stock price rose 2.2% on Tuesday . The company traded as high as $0.64 and last traded at $0.63. Approximately 877 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 70,954 shares. The stock had previously closed at $0.62.
Satixfy Communications Price Performance
Satixfy Communications (NYSEAMERICAN:SATX – Get Free Report) last released its earnings results on Friday, September 6th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $4.15 million during the quarter.
About Satixfy Communications
Satixfy Communications Ltd. engages in the development of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite payload chips, that enables digital on-board processing, beam- hopping, and enhanced connectivity needs, including positioning, navigation, and timing for LEO, MEO, and GEO satellite communications systems, as well as Aero/IFC systems, and certain COTM and on the pause applications.
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