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Eutelsat Communications (OTCMKTS:EUTLF) Stock Price Crosses Above Two Hundred Day Moving Average - Here's Why

Eutelsat Communications logo with Computer and Technology background

Eutelsat Communications (OTCMKTS:EUTLF - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.73 and traded as high as $4.10. Eutelsat Communications shares last traded at $4.10, with a volume of 5,292 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Kepler Capital Markets raised shares of Eutelsat Communications from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. New Street Research lowered shares of Eutelsat Communications from a "hold" rating to a "strong sell" rating in a report on Monday, April 28th.

View Our Latest Analysis on EUTLF

Eutelsat Communications Stock Performance

The company has a current ratio of 1.36, a quick ratio of 1.24 and a debt-to-equity ratio of 0.86. The business's fifty day moving average price is $3.85 and its two-hundred day moving average price is $3.75.

Eutelsat Communications Company Profile

(Get Free Report)

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.

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