Eutelsat Group (OTCMKTS:ETCMY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Eutelsat Group (OTCMKTS:ETCMYGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.00 and traded as low as $0.96. Eutelsat Group shares last traded at $0.96, with a volume of 13,168 shares changing hands.

Eutelsat Group Stock Performance

The firm has a 50 day moving average price of $0.97 and a two-hundred day moving average price of $1.00.

About Eutelsat Group

(Get Free Report)

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.

Further Reading

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