Eutelsat Group (OTCMKTS:ETCMY) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Eutelsat Group (OTCMKTS:ETCMYGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.99 and traded as low as $0.8464. Eutelsat Group shares last traded at $0.9175, with a volume of 29,887 shares traded.

Eutelsat Group Trading Down 3.0%

The stock has a fifty day moving average of $0.96 and a 200-day moving average of $0.99.

Eutelsat Group Company Profile

(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.

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