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Eutelsat Group (OTCMKTS:EUTLF) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Eutelsat Group logo with Computer and Technology background

Eutelsat Group (OTCMKTS:EUTLF - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.56 and traded as high as $3.84. Eutelsat Group shares last traded at $3.84, with a volume of 5,403 shares traded.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Report on EUTLF

Eutelsat Group Stock Down 3.9%

The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. The firm's fifty day moving average is $4.45 and its 200 day moving average is $3.56.

About Eutelsat Group

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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