Iridium Communications Stock Price History

IRDM Stock  USD 27.91  0.59  2.16%   
Below is the normalized historical share price chart for Iridium Communications extending back to March 20, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Iridium Communications stands at 27.91, as last reported on the 21st of November, with the highest price reaching 28.28 and the lowest price hitting 27.15 during the day.
IPO Date
20th of March 2008
200 Day MA
28.3269
50 Day MA
29.484
Beta
0.645
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Iridium Stock, it is important to understand the factors that can impact its price. As of now, Iridium Stock is not too volatile. Iridium Communications holds Efficiency (Sharpe) Ratio of 0.0443, which attests that the entity had a 0.0443% return per unit of risk over the last 3 months. We have found thirty technical indicators for Iridium Communications, which you can use to evaluate the volatility of the firm. Please check out Iridium Communications' Risk Adjusted Performance of 0.0333, downside deviation of 2.94, and Market Risk Adjusted Performance of 0.1751 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At this time, Iridium Communications' Total Stockholder Equity is very stable compared to the past year. As of the 21st of November 2024, Capital Stock is likely to grow to about 139 K, while Common Stock Shares Outstanding is likely to drop about 100.5 M. . At this time, Iridium Communications' Price Earnings Ratio is very stable compared to the past year. As of the 21st of November 2024, Price Earnings To Growth Ratio is likely to grow to 4.60, while Price Book Value Ratio is likely to drop 5.53. Iridium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0443

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Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Iridium Communications is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Iridium Communications by adding it to a well-diversified portfolio.
Price Book
4.7871
Enterprise Value Ebitda
11.9786
Price Sales
3.9111
Shares Float
101.4 M
Dividend Share
0.54

Iridium Communications Stock Price History Chart

There are several ways to analyze Iridium Stock price data. The simplest method is using a basic Iridium candlestick price chart, which shows Iridium Communications price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 17, 202433.57
Lowest PriceAugust 28, 202425.04

Iridium Communications November 21, 2024 Stock Price Synopsis

Various analyses of Iridium Communications' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Iridium Stock. It can be used to describe the percentage change in the price of Iridium Communications from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Iridium Stock.
Iridium Communications Price Daily Balance Of Power 0.52 
Iridium Communications Price Action Indicator 0.49 
Iridium Communications Price Rate Of Daily Change 1.02 

Iridium Communications November 21, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Iridium Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Iridium Communications intraday prices and daily technical indicators to check the level of noise trading in Iridium Stock and then apply it to test your longer-term investment strategies against Iridium.

Iridium Stock Price History Data

The price series of Iridium Communications for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 has a statistical range of 8.53 with a coefficient of variation of 6.05. Under current investment horizon, the daily prices are spread out with arithmetic mean of 28.74. The median price for the last 90 days is 29.33. The company completed dividends distribution on 2024-09-13.
OpenHighLowCloseVolume
11/21/2024
 27.15  28.28  27.15  27.91 
11/20/2024 27.15  28.28  27.15  27.91  1,106,025 
11/19/2024 28.33  28.67  27.16  27.32  959,756 
11/18/2024 28.32  28.92  28.14  28.59  1,269,684 
11/15/2024 29.58  29.93  28.25  28.31  1,018,554 
11/14/2024 28.91  29.82  28.64  29.65  2,024,307 
11/13/2024 30.12  30.30  28.72  28.86  1,100,583 
11/12/2024 30.16  30.30  29.18  29.78  1,175,065 
11/11/2024 30.07  30.42  29.77  30.37  719,133 
11/08/2024 29.11  29.57  29.00  29.53  740,058 
11/07/2024 30.33  30.72  29.13  29.22  934,811 
11/06/2024 30.12  30.60  29.69  30.30  1,054,076 
11/05/2024 29.64  30.17  29.60  29.68  624,717 
11/04/2024 29.29  30.03  29.27  29.57  677,881 
11/01/2024 29.61  29.86  28.92  29.31  757,500 
10/31/2024 29.41  29.93  29.25  29.33  1,018,292 
10/30/2024 29.50  30.28  29.46  29.50  858,591 
10/29/2024 29.53  29.89  29.23  29.64  842,721 
10/28/2024 29.21  30.01  29.10  29.75  1,183,137 
10/25/2024 28.91  29.13  28.10  29.03  1,535,981 
10/24/2024 29.83  30.03  28.91  28.94  989,256 
10/23/2024 28.97  29.81  28.97  29.78  1,318,100 
10/22/2024 29.38  29.72  28.82  28.89  1,543,153 
10/21/2024 31.60  31.70  29.69  29.73  1,640,524 
10/18/2024 33.55  34.36  31.40  31.60  2,030,052 
10/17/2024 31.00  35.85  30.85  33.57  3,511,479 
10/16/2024 30.11  30.56  29.76  30.20  2,136,955 
10/15/2024 29.80  30.28  29.74  30.07  871,013 
10/14/2024 29.63  30.27  29.15  30.03  967,874 
10/11/2024 29.40  29.71  29.07  29.55  770,085 
10/10/2024 29.63  29.99  29.19  29.47  618,137 
10/09/2024 29.41  30.04  29.27  29.74  647,796 
10/08/2024 29.57  29.87  29.04  29.52  945,030 
10/07/2024 29.95  30.15  29.16  29.51  1,201,397 
10/04/2024 31.90  32.30  29.90  29.95  1,370,374 
10/03/2024 31.28  31.90  31.22  31.61  1,475,754 
10/02/2024 30.88  31.66  30.88  31.31  874,349 
10/01/2024 30.50  31.34  30.12  31.02  729,279 
09/30/2024 31.15  31.36  30.42  30.45  684,894 
09/27/2024 30.27  31.17  30.03  31.03  798,239 
09/26/2024 29.84  30.14  29.41  30.04  816,236 
09/25/2024 29.52  29.87  29.24  29.49  931,410 
09/24/2024 29.57  30.26  29.51  29.53  1,124,878 
09/23/2024 29.29  29.58  28.93  29.49  1,121,769 
09/20/2024 28.49  29.58  28.22  29.22  3,907,041 
09/19/2024 27.80  28.21  27.51  27.88  1,677,738 
09/18/2024 28.30  28.53  27.35  27.43  823,124 
09/17/2024 28.07  28.89  27.81  28.34  858,000 
09/16/2024 27.08  28.33  27.08  27.95  975,253 
09/13/2024 26.22  27.38  26.16  26.97  883,649 
09/12/2024 26.84  26.87  25.89  26.10  1,088,181 
09/11/2024 26.57  26.99  25.93  26.96  1,267,227 
09/10/2024 26.21  26.62  25.75  26.42  921,214 
09/09/2024 27.27  27.39  26.18  26.18  1,173,225 
09/06/2024 27.65  28.02  27.19  27.23  1,191,724 
09/05/2024 26.87  27.92  26.87  27.63  775,629 
09/04/2024 27.09  27.55  26.68  26.87  953,862 
09/03/2024 25.57  27.31  25.38  27.09  1,237,210 
08/30/2024 25.89  25.94  25.23  25.66  1,296,419 
08/29/2024 25.30  25.95  24.98  25.76  907,160 
08/28/2024 25.68  25.85  24.90  25.04  1,412,976 

About Iridium Communications Stock history

Iridium Communications investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Iridium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Iridium Communications will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Iridium Communications stock prices may prove useful in developing a viable investing in Iridium Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding127.2 M100.5 M
Net Income Applicable To Common Shares7.8 M7.5 M

Iridium Communications Quarterly Net Working Capital

219.56 Million

Iridium Communications Stock Technical Analysis

Iridium Communications technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Iridium Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Iridium Communications trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Iridium Communications Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Iridium Communications' price direction in advance. Along with the technical and fundamental analysis of Iridium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Iridium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iridium Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iridium Communications. If investors know Iridium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.074
Dividend Share
0.54
Earnings Share
0.93
Revenue Per Share
6.697
Quarterly Revenue Growth
0.077
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.