Eutelsat Group (OTCMKTS:EUTLF) Trading Down 5.9% – Here’s Why

Eutelsat Group (OTCMKTS:EUTLFGet Free Report)’s share price fell 5.9% during mid-day trading on Wednesday . The company traded as low as $4.00 and last traded at $4.00. 360 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 1,108 shares. The stock had previously closed at $4.25.

Eutelsat Group Stock Performance

The company’s 50-day moving average is $4.31 and its 200-day moving average is $4.48. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71.

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.

Further Reading

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