New Street Research Downgrades Eutelsat Group (OTCMKTS:EUTLF) to Strong Sell

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

Eutelsat Group Price Performance

OTCMKTS EUTLF opened at $4.03 on Monday. The firm’s 50 day moving average price is $4.55 and its two-hundred day moving average price is $3.54. Eutelsat Group has a twelve month low of $1.45 and a twelve month high of $9.22. The company has a current ratio of 1.73, a quick ratio of 1.68 and a debt-to-equity ratio of 0.71.

About Eutelsat Group

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.