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Eutelsat Group (OTCMKTS:EUTLF) Stock Passes Above Two Hundred Day Moving Average - Here's Why

Eutelsat Group logo with Computer and Technology background

Eutelsat Group (OTCMKTS:EUTLF - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.55 and traded as high as $3.88. Eutelsat Group shares last traded at $3.68, with a volume of 7,135 shares traded.

Wall Street Analyst Weigh In

Separately, New Street Research cut shares of Eutelsat Group from a "hold" rating to a "strong sell" rating in a research report on Monday, April 28th.

View Our Latest Stock Report on EUTLF

Eutelsat Group Stock Down 1.8%

The business has a 50 day moving average of $4.28 and a 200 day moving average of $3.54. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73.

Eutelsat Group 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.

Further Reading

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