TSAT Stock Summary and Trading Ideas (Telesat - Class A Common Shares And Class B Variable Voting Shares | NASDAQ:TSAT)

Telesat Corp is a global satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.

Telesat - Class A Common Shares And Class B Variable Voting Shares trades on the NASDAQ stock market under the symbol TSAT.

As of January 15, 2025, TSAT stock price climbed to $15.40 with 46,210 million shares trading.

TSAT has a beta of 0.24, meaning it tends to be less sensitive to market movements. TSAT has a correlation of 0.00 to the broad based SPY ETF.

TSAT has a market cap of $211.81 million. This is considered a Small Cap stock.

In the last 3 years, TSAT traded as high as $25.50 and as low as $6.00.

TSAT has outperformed the market in the last year with a return of +60.4%, while the SPY ETF gained +26.0%. In the last 3 month period, TSAT beat the market returning +12.9%, while SPY returned +1.9%. However, in the most recent 2 weeks TSAT has underperformed the stock market by returning -6.3%, while SPY returned +1.3%.

TSAT support price is $13.92 and resistance is $15.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TSAT shares will trade within this expected range on the day.