Gilat Satellite Networks Ltd

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Gilat Satellite Networks Ltd (GILT) Price Performance

Gilat Satellite Networks Ltd (GILT) trades on United States in USD. The company is classified in the Technology sector under the Radio & Tv Broadcasting & Communications Equipment industry. The stock currently trades at $16.81, up 3.45% from the previous close.

Over the past year, GILT has traded between a low of $5.47 and a high of $19.97. The stock has gained 153.5% over this period. It is currently 15.8% below its 52-week high.

Gilat Satellite Networks Ltd has a market capitalization of $1.23B, with a price-to-earnings ratio of 49.35.

About Gilat Satellite Networks Ltd

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. The company designs and manufactures ground-based satellite communications equipment. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, ESA antennas, solid state power amplifiers, block upconverters, transceivers, and transportable and portable terminals. The company also develops, manufactures, and supplies products and solutions for mission-critical defense and broadcast satellite communications systems, advanced on-the-move and on-the-pause satellite communications equipment, systems, and solutions, including airborne, ground-mobile satellite systems and solutions; and provides terrestrial, including fiber optic and wireless network, and satellite network construction and operation services. In addition, it provides managed satellite network services, network planning and optimization, remote network operation, call center support, hub and field operations, and communication networks construction and installation services; connectivity services, internet access, and telephony services; and builds telecommunication infrastructure using fiber-optic and wireless technologies for broadband connectivity. The company sells its products and solutions to communication service providers, satellite operators, Mobile Network Operators, and system integrators that use satellite communications to serve enterprise, social inclusion solutions, and government and residential users; and defense and homeland security organizations, as well as directly to end-users. Gilat Satellite Networks Ltd. was incorporated in 1987 and is headquartered in Petah Tikva, Israel.