Eutelsat Group (OTCMKTS:EUTLF) Rating Lowered to Strong Sell at New Street Research

Eutelsat Group (OTCMKTS:EUTLF) was downgraded by research analysts at New Street Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Eutelsat Group Stock Down 2.5 %

EUTLF stock opened at $3.93 on Monday. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71. The company’s 50 day simple moving average is $4.60 and its 200-day simple moving average is $3.54. Eutelsat Group has a 12 month low of $1.45 and a 12 month high of $9.22.

About Eutelsat Group

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.