Eutelsat Group (OTCMKTS:EUTLF) Lowered to “Strong Sell” Rating by New Street Research

New Street Research downgraded shares of Eutelsat Group (OTCMKTS:EUTLF) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.

Eutelsat Group Stock Performance

Eutelsat Group stock opened at $4.04 on Monday. The company has a fifty day moving average price of $4.65 and a two-hundred day moving average price of $3.54. The company has a quick ratio of 1.68, a current ratio of 1.73 and a debt-to-equity ratio of 0.71. Eutelsat Group has a 12 month low of $1.45 and a 12 month high of $9.22.

Eutelsat Group Company Profile

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.