Eutelsat Communications (OTCMKTS:EUTLF) Shares Gap Down - What's Next?

Key Points

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Eutelsat Communications (OTCMKTS:EUTLF - Get Free Report) shares gapped down before the market opened 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 traded.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. New Street Research lowered Eutelsat Communications from a "hold" rating to a "strong sell" rating in a research report on Monday, April 28th. Kepler Capital Markets upgraded Eutelsat Communications from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 24th.

Eutelsat Communications Stock Performance

The company has a quick ratio of 1.24, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. The firm has a 50 day moving average price of $3.82 and a 200-day moving average price of $3.85.

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.