Key Points Telesat Corporation's share price rose 7.5% to $29.85 following increased trading volume of 264,585 shares, significantly above the average daily volume. Despite the stock's recent price increase, Weiss Ratings maintained a "sell (d+)" rating, reflecting a consensus of negative sentiment among analysts. The company reported earnings of $1.00 EPS exceeding estimates, but also noted a negative net margin of 20.74% with revenues below expectations. Telesat Stock Up 7.5% The company has a debt-to-equity ratio of 1.69, a current ratio of 5.08 and a quick ratio of 5.08. The company has a fifty day moving average price of $23.19 and a 200 day moving average price of $20.81. The company has a market cap of $407.15 million, a PE ratio of -5.67 and a beta of 2.06. Telesat (NASDAQ:TSAT - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.69) by $1.69. The business had revenue of $77.94 million during the quarter, compared to analyst estimates of $109.64 million. Telesat had a negative net margin of 20.74% and a negative return on equity of 3.54%. Institutional Inflows and Outflows A number of institutional investors have recently added to or reduced their stakes in TSAT. Vestcor Inc bought a new stake in Telesat during the first quarter worth about $2,354,000. PCJ Investment Counsel Ltd. raised its holdings in shares of Telesat by 0.9% during the 2nd quarter. PCJ Investment Counsel Ltd. now owns 113,850 shares of the company's stock valued at $2,768,000 after buying an additional 1,050 shares in the last quarter. Dakota Wealth Management bought a new stake in Telesat in the 1st quarter worth approximately $1,898,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Telesat by 35.3% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 88,038 shares of the company's stock worth $2,152,000 after buying an additional 22,985 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its position in Telesat by 6.9% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 79,161 shares of the company's stock valued at $1,935,000 after acquiring an additional 5,100 shares during the last quarter. About Telesat