Eutelsat Communications (OTCMKTS:EUTLF) Upgraded by Kepler Capital Markets to Hold Rating

Eutelsat Communications (OTCMKTS:EUTLF) was upgraded by investment analysts at Kepler Capital Markets from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, New Street Research lowered Eutelsat Communications from a “hold” rating to a “strong sell” rating in a research report on Monday, April 28th.

Eutelsat Communications Price Performance

Shares of EUTLF opened at $4.10 on Tuesday. The business’s 50-day moving average price is $3.95 and its 200 day moving average price is $3.53. Eutelsat Communications has a 1-year low of $1.45 and a 1-year high of $9.22.

Eutelsat Communications 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.