SATS (OTC:SPASF) Trading Up 30.4% – Should You Buy?

Shares of SATS Ltd. (OTC:SPASFGet Free Report) were up 30.4% on Friday . The stock traded as high as 3.13 and last traded at 3.13. Approximately 200 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 2,000 shares. The stock had previously closed at 2.40.

SATS Price Performance

The company has a 50-day moving average price of 2.40 and a two-hundred day moving average price of 2.13.

About SATS

(Get Free Report)

SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Asia Pacific, the United States, Europe, Middle East, Africa, and internationally. It operates through three segments: Food Solutions, Gateway Services, and Others. The Food Solutions segment offers inflight and institutional catering; food processing, distribution services, and airline laundry services.

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