SATS Ltd traded at 3.73 this Monday February 2nd, decreasing 0.06 or 1.58 percent since the previous trading session. Looking back, over the last four weeks, SATS lost 2.86 percent. Over the last 12 months, its price rose by 11.34 percent. Looking ahead, we forecast SATS Ltd to be priced at 3.71 by the end of this quarter and at 3.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
SATS Ltd. is an investment holding company, which is engaged in providing food solutions and gateway services. The Company's other activities include rental of premises and provision of management services to related companies. The Company's operating segments include Food Solutions, Gateway Services and Corporate. The Food Solutions segment provides inflight and institutional catering, food processing, distribution services and airline laundry services. The Gateway Services segment provides both airport and cruise terminal services. The airport terminal services include airfreight handling services, passenger services, aviation security services, baggage handling services and apron services to the Company's airline customers. On the provision of cruise terminal services, the Gateway Services segment manages and operates the Singapore International Cruise Terminal at Marina South. The Corporate segment is engaged in the provision of rental of premises and other services.