Eutelsat Communications (OTCMKTS:EUTLF) Shares Gap Down - Time to Sell?

Key Points

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Eutelsat Communications (OTCMKTS:EUTLF - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $3.74, but opened at $3.27. Eutelsat Communications shares last traded at $3.68, with a volume of 4,728 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EUTLF. New Street Research lowered Eutelsat Communications from a "hold" rating to a "strong sell" rating in a report on Monday, April 28th. Kepler Capital Markets upgraded shares of Eutelsat Communications from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 24th.

Eutelsat Communications Price Performance

The company's 50 day moving average price is $3.82 and its 200-day moving average price is $3.82. The company has a current ratio of 1.36, a quick ratio of 1.24 and a debt-to-equity ratio of 0.86.

About Eutelsat Communications

Eutelsat Group, together with its subsidiaries, engages in the operation of telecommunication satellites. It provides capacity for video services, fixed data, and government services; and capacity in connectivity applications, such as fixed broadband and mobile connectivity. The company offers its services under the Eutelsat brand directly and through distributors.