22.54 0.00 (0.00%)
After hours: 4:43PM EDT
|Bid||22.50 x 1800|
|Ask||22.85 x 1400|
|Day's Range||22.31 - 22.97|
|52 Week Range||12.95 - 28.24|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Jim Cramer hears from Iridium Communications CEO Matthew Desch about launching a global aircraft tracking and surveillance system.
came up during the fast-paced Lightning Round of Jim Cramer's Mad Money program Monday night."They have a niche business and it's a winner," Cramer said. In the daily bar chart of IRDM, below, we can see that prices managed to double over the past twelve months. The daily On-Balance-Volume (OBV) is mostly neutral the past few months, but has a slight upwards bias over the last year.
Iridium Communications Inc NASDAQ/NGS:IRDMView full report here! Summary * Bearish sentiment is moderate and declining Bearish sentimentShort interest | NeutralShort interest is moderately high for IRDM with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 15. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IRDM had net inflows of $1.16 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Telecommunications Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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First-quarter 2019 was very different from past reports as Iridium focuses on new services growth.
McLean, Virginia-based Iridium has three facilities in Arizona, including a Chandler technical support center, that will do much of the work on the contract, as well as a Tempe corporate facility and a gateway ground operations center, also in Tempe.
Iridium Communications Inc (NASDAQ: IRDM ) commenced its NEXT satellite services in early February and already has hundreds of subscribers on the new network. The company can grow revenue, EBITDA and FCF ...
The McLean, Virginia-based company said it had a loss of 18 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was ...
Iridium (IRDM) is likely to report higher revenues in first-quarter 2019 on the back of healthy growth dynamics, largely attributable to growing service revenues.
Iridium (IRDM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Amazon (AMZN) is aggressively pursuing the launch of low Earth orbit satellites to ensure high-speed Internet connectivity to unserved and underserved regions globally.
The air traffic surveillance company's real-time service aims to decrease aircraft separation and loss.
When the Federal Aviation Administration reversed course and grounded Boeing Co.’s 737 MAX jetliner, it moved partly after seeing data from a little-known aerospace newcomer that is changing the way the aviation industry tracks planes. Aireon LLC, based in McLean, Va., was founded less than a decade ago—the brainchild of satellite maker Iridium Communications Inc. and Canada’s air-traffic managers. It collects and then distributes to partners, including air-traffic-control providers around the world, some of the operational data that passenger jets automatically send out in real time.
The Arizona Spaceport Alliance wants to see a spaceport built somewhere in the state to increase the economic development of Arizona’s burgeoning aerospace manufacturing industry.
A system on board Iridium Communications' new satellite network is helping deliver critical data to aviation officials. SpaceX has launched each of Iridium's 75 satellites over the course of eight missions in two years.