INMARSAT PLC/ADR (OTCMKTS:IMASY) Upgraded to Hold by ValuEngine

ValuEngine upgraded shares of INMARSAT PLC/ADR (OTCMKTS:IMASY) from a sell rating to a hold rating in a report released on Friday morning, ValuEngine reports.

IMASY stock traded down $0.58 during mid-day trading on Friday, reaching $6.32. 311 shares of the stock traded hands, compared to its average volume of 661. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 2.21. INMARSAT PLC/ADR has a 52-week low of $4.55 and a 52-week high of $7.49. The company has a market cap of $3.16 billion, a P/E ratio of 34.50 and a beta of 0.41. The stock’s fifty day moving average is $7.03 and its 200-day moving average is $7.01.

About INMARSAT PLC/ADR

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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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