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Eutelsat Communications (OTCMKTS:EUTLF) Shares Cross Above 200 Day Moving Average - Here's What Happened

Eutelsat Communications logo with Computer and Technology background

Eutelsat Communications (OTCMKTS:EUTLF - Get Free Report) shares passed 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.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on EUTLF. New Street Research lowered shares of Eutelsat Communications from a "hold" rating to a "strong sell" rating in a research note on Monday, April 28th. Kepler Capital Markets upgraded shares of Eutelsat Communications from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th.

Get Our Latest Report on Eutelsat Communications

Eutelsat Communications Trading Down 1.8%

The stock's 50 day moving average is $3.84 and its 200 day moving average is $3.77. The company has a quick ratio of 1.24, a current ratio of 1.36 and a debt-to-equity ratio of 0.86.

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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