Eutelsat Group (OTCMKTS:EUTLF) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Eutelsat Group (OTCMKTS:EUTLF) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.57 and traded as high as $4.42. Eutelsat Group shares last traded at $4.42, with a volume of 392 shares.

Analyst Upgrades and Downgrades

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

Eutelsat Group Stock Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73. The firm’s 50-day simple moving average is $4.84 and its two-hundred day simple moving average is $3.57.

Eutelsat Group Company Profile

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.