Eutelsat Group (OTCMKTS:EUTLF - Get Free Report) was downgraded by investment analysts at New Street Research from a "hold" rating to a "strong sell" rating in a research note issued on Monday,Zacks.com reports.
Eutelsat Group Stock Up 10.2 %
OTCMKTS EUTLF traded up $0.41 during trading hours on Monday, hitting $4.40. 25,916 shares of the company's stock were exchanged, compared to its average volume of 27,608. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73. The business's 50 day moving average is $4.76 and its 200-day moving average is $3.54. Eutelsat Group has a 12-month low of $1.45 and a 12-month high of $9.22.
About Eutelsat Group
(
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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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