Eutelsat Group (OTCMKTS:ETCMY) Shares Up 4.4% – Should You Buy?

Eutelsat Group (OTCMKTS:ETCMYGet Free Report) shares rose 4.4% on Monday . The company traded as high as $0.75 and last traded at $0.75. Approximately 107 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 1,851 shares. The stock had previously closed at $0.72.

Eutelsat Group Stock Performance

The firm has a 50-day moving average of $1.01 and a 200-day moving average of $1.06.

Eutelsat Group 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.

Further Reading

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