Global Eagle Entertainment (OTCMKTS:GEENQ) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Global Eagle Entertainment (OTCMKTS:GEENQ) from a sell rating to a hold rating in a research note released on Monday morning, Zacks.com reports.

According to Zacks, “Global Eagle Entertainment Inc. offers content and connectivity services for the airline industry. It provides airlines with in-flight video content, e-commerce and information services. Global Eagle Entertainment Inc., formerly known as Global Eagle Acquisition Corp., is headquartered in Los Angeles, California. “

OTCMKTS:GEENQ opened at $0.85 on Monday. Global Eagle Entertainment has a 12-month low of $0.30 and a 12-month high of $23.25.

About Global Eagle Entertainment

Global Eagle Entertainment Inc provides media and satellite-based connectivity solutions worldwide. The company operates in two segments, Media & Content and Connectivity. The Media & Content buys, produces, manages, distributes, and provides wholly-owned and licensed media content, video and music programming, advertising, applications, and video games, as well as post-production services for and to the airline, maritime, and other away-from-home non-theatrical markets.

Read More: Growth Stocks

Get a free copy of the Zacks research report on Global Eagle Entertainment (GEENQ)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Global Eagle Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Eagle Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.