Eutelsat Communications (OTCMKTS:EUTLF) Shares Down 8.3% – What’s Next?

by · The Cerbat Gem

Eutelsat Communications (OTCMKTS:EUTLF – Get Free Report)’s stock price dropped 8.3% on Monday . The stock traded as low as $2.14 and last traded at $2.20. Approximately 1,693 shares were traded during trading, a decline of 88% from the average daily volume of 14,340 shares. The stock had previously closed at $2.40.

Eutelsat Communications Trading Up 0.2%

The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.94. The stock has a fifty day simple moving average of $3.50 and a 200-day simple moving average of $3.66.

Eutelsat Communications Company Profile

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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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