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

Eutelsat Group (OTCMKTS:EUTLFGet Free Report) fell 5.9% during trading on Wednesday . The stock traded as low as $4.00 and last traded at $4.00. 360 shares traded 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 has a debt-to-equity ratio of 0.71, a quick ratio of 1.68 and a current ratio of 1.73. The business’s 50-day simple moving average is $4.30 and its two-hundred day simple moving average is $4.48.

Eutelsat Group Company Profile

(Get Free Report)

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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