Shares of Inmarsat Plc (OTCMKTS:IMASF – Get Free Report) dropped 7.7% during trading on Tuesday . The company traded as low as $8.12 and last traded at $8.12. Approximately 100 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 133 shares. The stock had previously closed at $8.80.
Inmarsat Trading Down 7.7 %
The company has a fifty day moving average price of $8.12 and a two-hundred day moving average price of $8.12.
About Inmarsat
Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. 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.
See Also
- Five stocks we like better than Inmarsat
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Survey Reveals: Which States Saw the Biggest Investment Gains in 2024?
- What is the Shanghai Stock Exchange Composite Index?
- Amazon’s Healthcare Gamble: A New Era of Medical Disruption
- Most Volatile Stocks, What Investors Need to Know
- Semiconductor Giant Synopsys Slides 14% — Time to Take Notice
Receive News & Ratings for Inmarsat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat and related companies with MarketBeat.com's FREE daily email newsletter.
