News stories about Gilat Satellite Networks (NASDAQ:GILT) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gilat Satellite Networks earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news coverage about the communications equipment provider an impact score of 45.3998012201751 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Gilat Satellite Networks (NASDAQ GILT) traded up 0.17% during midday trading on Friday, reaching $6.00. 10,651 shares of the company’s stock traded hands. Gilat Satellite Networks has a 12 month low of $4.12 and a 12 month high of $6.20. The stock has a 50-day moving average price of $5.61 and a 200 day moving average price of $5.20. The firm has a market cap of $328.06 million, a PE ratio of 89.55 and a beta of 0.84.

Gilat Satellite Networks (NASDAQ:GILT) last released its earnings results on Tuesday, August 8th. The communications equipment provider reported $0.08 earnings per share for the quarter. Gilat Satellite Networks had a net margin of 1.27% and a return on equity of 6.59%. The firm had revenue of $66.24 million during the quarter. Equities research analysts predict that Gilat Satellite Networks will post ($0.17) earnings per share for the current year.

GILT has been the subject of several research reports. BidaskClub downgraded shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. TheStreet downgraded shares of Gilat Satellite Networks from a “c-” rating to a “d” rating in a research report on Monday, June 26th.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another domain, it was illegally stolen and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at

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.

Insider Buying and Selling by Quarter for Gilat Satellite Networks (NASDAQ:GILT)

Receive News & Ratings for Gilat Satellite Networks Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gilat Satellite Networks Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.