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Leverage Shares 2x Long ECHO Daily ETF

8.42

+0.11111.34%

Volume:12.79K

Turnover:109.01K

Market Cap:12.12M

PE:- -

High:8.64

Open:8.09

Low:8.09

Close:8.31

52wk High:24.99

52wk Low:7.02

Shares:1.44M

Float Shares:1.44M

Volume Ratio:0.74

T/O Rate:0.89%

Dividend:- -

Dividend Rate:- -

ROE:--

ROA:--

PB:--

PE(LYR):- -

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News

EchoStar's SpaceX Stake Seen Driving Long-Term Value

EchoStar Shares Could Follow SpaceX's Catalyst Path, UBS Securities Says

MT Newswires Live

EchoStar Price Target Raised to $150.00/Share from $127.00 by UBS

UBS Upgrades EchoStar to Buy From Neutral, Adjusts Price Target to $150 From $127

MT Newswires Live

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EchoStar will hold a 2% stake in SpaceX once its pending spectrum transaction closes, which is expected in November 2027, the analysts say. EchoStar got the shares at a pre-IPO price, but the stake is now worth $39 billion at the current stock price, the analysts say. EchoStar is also likely to record $31.5 billion in cash proceeds from its spectrum deals with AT&T and SpaceX, which the analysts think will be used to pay off debt and make future 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wireless operations, with the AWS-3 spectrum rights viewed as the most valuable airwaves and the 700 megahertz E-Block holdings seen to fit well with airwaves held by AT&T, analysts wrote.The company's operating businesses are impacted by stiff competition, with DISH Pay TV, Hughes, and wireless infrastructure 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