Inmarsat (OTCMKTS:IMASF) Stock Price Down 7.7%

Inmarsat Plc (OTCMKTS:IMASFGet Free Report) shares dropped 7.7% on Friday . The company traded as low as $8.12 and last traded at $8.12. Approximately 100 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 133 shares. The stock had previously closed at $8.80.

Inmarsat Price Performance

The stock’s 50 day simple moving average is $8.12 and its two-hundred day simple moving average is $8.12.

Inmarsat Company Profile

(Get Free Report)

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

Featured Stories

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