Inmarsat (LON:ISAT) Stock Passes Above Two Hundred Day Moving Average of $544.40

Inmarsat Plc (LON:ISAT)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 544.40 ($6.78) and traded as high as GBX 544.40 ($6.78). Inmarsat shares last traded at GBX 544.40 ($6.78), with a volume of 59,513,200 shares trading hands.

Inmarsat Price Performance

The company has a current ratio of 0.84, a quick ratio of 0.79 and a debt-to-equity ratio of 202.10. The firm has a market cap of £2.56 billion and a price-to-earnings ratio of -41.56. The stock has a 50-day moving average of GBX 544.40 and a two-hundred day moving average of GBX 544.40.

Inmarsat Company Profile

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. 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.