Eutelsat Group (OTCMKTS:ETCMY) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Eutelsat Group (OTCMKTS:ETCMYGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.94 and traded as low as $0.5494. Eutelsat Group shares last traded at $0.55, with a volume of 35,652 shares changing hands.

Eutelsat Group Stock Performance

The stock’s 50 day simple moving average is $0.91 and its two-hundred day simple moving average is $0.94.

Eutelsat Group Company Profile

(Get Free Report)

Eutelsat Group (OTCMKTS:ETCMY) is a leading global satellite operator providing video, data and connectivity solutions. The company’s fleet of geostationary satellites delivers broadcast television, video distribution and telecommunications services to broadcasters, content providers, network operators and enterprises. It also offers high-throughput broadband connectivity for fixed, cellular backhaul, maritime and in-flight entertainment applications, as well as dedicated solutions for government and defense customers.

Founded in 1977 and headquartered in Paris, Eutelsat Group operates a network of more than 40 satellites positioned over Europe, the Middle East, Africa, Asia-Pacific and the Americas.

Featured Articles

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