SATS Ltd. (OTCMKTS:SPASF – Get Free Report) shares shot up 22.5% on Wednesday . The company traded as high as $3.2650 and last traded at $3.2650. Approximately 1,125 shares were traded during mid-day trading, an increase of 121% from the average session volume of 510 shares. The stock had previously closed at $2.6650.
SATS Price Performance
The stock’s 50 day moving average price is $2.74 and its 200-day moving average price is $2.72.
About SATS
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. Its Gateway Services segment provides airport services, which include airfreight handling services, passenger services, aviation security services, baggage handling services, and apron services, as well as cruise terminal services; and manages and operates marine bay cruise center.
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